Discussion Question 1-33 VAT - Characteristics and Usage (LO. 4) Regarding the value-added tax (VAT), answer the following: a. Popularity of this type of tax. (Select: Approximately 100 countries impose a VATApproximately, 150 countries impose a VAT, or Approximately 200 countries impose a VAT b. Nature of the tax. (Select: VAT is a tax on consumption or VAT is a tax on production) c. Effect on government spending. (Select: It leads to more government spending. or It leads to less government spending.)