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Economics Certification Exam Tests

Economics Practice Test 8

Taxes Multiple Choice Questions (MCQ) PDF - 8

The e-Book Taxes MCQ Questions and Answers, taxes MCQs with answers PDF, test 8 to study online Economics degree programs. Solve Supply, Demand, and Government Policies Quiz Answers PDF, taxes Test for online learning. The Taxes MCQ Quiz App Download: Free certification app for demand curve, should un trade with other countries?, taxes test prep for online bachelor's degree in business.

The MCQ Quiz: Condition when the burden of paying tax is shared among the collective participants in a market is known as, "Taxes" App APK Download (Free) with answers tax on sellers, tax on buyers, tax incidence and tax administration for online graduate programs. Study supply, demand, and government policies questions and answers to improve problem solving skills for general business degree online.

Taxes Questions and Answers PDF Download: Quiz 8

MCQ 36: The condition when the burden of paying tax is shared among the collective participants in a market is known as

A) tax on buyers
B) tax on sellers
C) tax incidence
D) tax administration

MCQ 37: The best opportunity to increase country's prosperity is

A) quota
B) embargo
C) tariffs
D) trade and specialization

MCQ 38: When price of popcorn reduces whereas the price of movie tickets increases and vice versa, are to be known as

A) inferior goods
B) complementary goods
C) substitutes
D) normal goods

MCQ 39: The amount of one good which must be given up in order to release resources necessary to produce an additional unit of another good is known as

A) marginal rate of cost
B) average rate of cost
C) marginal rate of substitution
D) marginal rate of transformation

MCQ 40: One of the basic loss suffers by society because of levying taxes or subsidies is known as

A) loss for buyers
B) loss for sellers
C) dead weight loss of taxation
D) shortage of taxation

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Taxes Learning App & Free Study Apps

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BBA Economics App (Android & iOS)

ALL-in-ONE Learning App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Business Statistics App (Android & iOS)

Business Statistics App (Android & iOS)