An example of an indirect tax is: (a) income tax. example of an indirect tax is:         (b) secondary tax on dividends. (c) company tax. (d) value added tax.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

An example of an indirect tax is:
(a) income tax.
example of an indirect tax is:
        (b) secondary tax on dividends.
(c) company tax.
(d) value added tax.
Q.1.9 Which one of the following statements is INCORRECT?
(a) Provincial government forms part of the public sector.
(b) Central government forms part of general government.
(c) Provincial government forms part of the general government.
(d) Public corporations form part of general government.
Q.1.10 Openness of an economy is: 

(a) the extent to which a country is involved in international trade and finance.
(b) the degree to which a country generates its economic growth.
(c) the degree to which a country generates its income.
(d) the extent to which a country is involved in tourism.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Excise Tax
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education