Government revenue will increase if tax is imposed on a good whose demand is?
A. elastic B. inelastic C. unitary elastic D. perfectly elastic Correct Answer: Option B – inelastic
The creation of utility can be referred to as?
A. value added B. profit maximization C. entreprenuership D. production Correct Answer: Option D – production
The reduction in the value of a country’s currency of other nations is known as?
A. deflation B. devaluation C. inflation D. revaluation Correct Answer: Option B – devaluation
A form of tax in which the poor pay a higher rate than the rich is known as?
A. regressive tax B. backward tax C. oppressive tax D. retrogressive tax Correct Answer: Option A – regressive tax
One quality of money which makes it possible to be carried easily is its?
A. Scarcity B. Durability C. portability D. acceptability Correct Answer: Option C – portabilityProducts
-
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Co-Ownership Structures and Land Acquisition Methods in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Rights in Community Land and Fundamental Land Concepts in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Customary Land Control and the Origins of Nigeria's Land Use Act
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.