Economics Practice Test 81
Deadweight Loss of Taxation Quiz Questions and Answers PDF - 81
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The Quiz: It is usually the requirement that buyers and sellers get legally authorized to pay taxes by; "Deadweight Loss of Taxation" App Download (Free) with answers government, tax administration, federal bureau of revenue and tax authorities for online school programs. Solve cost of taxation questions and answers to improve problem solving skills for online bachelor's degree in business management.
Deadweight Loss of Taxation Questions and Answers PDF Download: Quiz 81
MCQ 401: It is usually the requirement that buyers and sellers get legally authorized to pay taxes by
- tax administration
- government
- Federal Bureau of Revenue
- tax authorities
MCQ 402: The price set for the competitive market is lower than the price in the
- oligopoly market
- free market
- monopoly
- duopoly
MCQ 403: The act of making a change in a company's private costs or benefits in order to make them equal to the company's social costs or benefits is called as
- internalizing the externality
- negative externality
- government subsidies
- taxes
MCQ 404: The currency used to invoice an international trade transaction, especially when it is not the national currenc of either the importer or the exporter is known as
- quote currency
- vehicle currency
- currency
- monetary system
MCQ 405: On a graph, the area above the supply curve and below the prevailing market price is known as
- producer surplus
- producer shortage
- consumer surplus
- consumer shortage
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