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Question 1 Not yet answered Marked out of 1.00 Flag question A tax is a financial charge or burden imposed by Select one: a. Public

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Question 1 Not yet answered Marked out of 1.00 Flag question A tax is a financial charge or burden imposed by Select one: a. Public sectors b. Government c. Municipalities d. Corporations Question 2 Not yet answered Marked out of 1.00 Flag question Ali, Akbar, Ahmed are the tax payers at 10% and if their incomes are $25000,$35000,$120000 then the total tax will be Select one: a. $81000 b. $12000 c. $15000 d. $18000 Question 3 Not yet answered Marked out of 1.00 Flag question Cigars and liquor are considered as Select one: a. Movable goods b. Valuable goods c. Merit goods d. De merit goods Question 4 Not yet answered Marked out of 1.00 Flag question Balance of payments results in of imported goods Select one: a. Increase in supply b. Decrease in demand c. Decrease in supply d. Increase in demand Corporation taxes are Select one: a. Direct tax b. Ad valorem tax c. Earmarked tax d. Indirect tax

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