Which factor has no role in the shifting of a tax?
A) change in prices
B) elasticity of demand and supply
C) nature of demand
D) income of the consumer
Correct Answer:
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Q7: Transfer Payments include
A)old age pension
B)subsidies
C)wealth tax
D)corporate income
Q8: The following is not a characteristic of
Q9: The following is a characteristic of indirect
Q10: Special assessment is also known as
A)tax revenue
B)battement
Q11: Impact of a tax refers to
A)final money
Q13: Which of the following is not a
Q14: Which of the following is administrative non-tax
Q15: Which of the following is not an
Q16: Generally, the nature of indirect tax is
Q17: Direct tax are………….. in nature.
A)progressive
B)equitable
C)regressive
D)none of the
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