A. Income tax
B. Sales tax
C. Consumer charge
D. None
Related Mcqs:
- Tax levied on production of specific product on quantity of product purchased ?
A. Sales tax
B. Excise tax
C. Income tax
D. All - Group of LDC debtors who join together to bargain as a group with creditors?
A. Debtor’s cartel
B. Economic union
C. Debtor’s commune
D. None - Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None - A tax imposed by a nation on an imported good is called_________________?
A. Tariff
B. Foreign exchange
C. Net profit
D. GNP - A federal budget deficit caused by a recession and a consequent decline in tax revenues ?
A. Annual deficit
B. Cyclical deficit
C. Anticipated deficit
D. None - A tax which is a constant amount at all levels of GDP is termwd as ?
A. Fixed tax
B. Surcharge
C. Lump sum tax
D. None - A group of firms which produces identical or similar products__________________?
A. Plant
B. Industry
C. Company
D. Organization - Reproduction in the average total cost of producing a products as the firm expands the size of plants (its output) in the long run________________?
A. Economics of scale
B. Economics of mass production
C. Both of these
D. None of these - Opportunity cost is illustrated by the___________________?
A. Steep slope
B. Downward slope
C. Positive slope
D. None - A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?
A. Speculation
B. Specialization
C. Spill over
D. anti dumping
