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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
1916
A tax on a commodity whose demand is perfectly inelastic will fall heavily on the
  • A. consumer
  • B. manufacturer
  • C. wholesaler
  • D. retailer
View Answer & Discuss (2) WAEC 2000
1917
The main feature of regressive taxation is that its rate
  • A. is higher when income is higher
  • B. is equal tax for all categories of people
  • C. remains constant when income increases
  • D. reduces when income increses
View Answer & Discuss (4) WAEC 2000
1918
Which of the following is an item of government recurrent expenditure?
  • A. Road construction
  • B. Port facilities
  • C. Wages and Salaries
  • D. Telecommunication projects
View Answer & Discuss WAEC 2000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1919
Which of the following is an item of government recurrent expenditure?
  • A. Road construction
  • B. Port facilities
  • C. Wages and Salaries
  • D. Telecommunication projects
View Answer & Discuss WAEC 2000
1920
Deficit budget means that government’s
  • A. Government expenditure is equal to its revenue
  • B. Planned expenditure is more than the estimated income
  • C. Planned income and expenditure target cannot be achieved
  • D. Expenditure is less than estimated revenue
View Answer & Discuss WAEC 2000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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