Which of the following is an unit excise tax?
A) A tax of 15%
B) An admission fee of $2.00 on each ticket purchased
C) An ad valorem tax of $3.00
D) An income tax of $3.00
Correct Answer:
Verified
Q1: Consumption taxes are generally viewed as
A) regressive.
B)
Q2: A unit tax is
A) levied at different
Q3: Excise taxes are distortionary taxes.
A) True
B) False
C)
Q4: Disadvantages of a consumption tax are
A) the
Q6: A tax on consumption for those who
Q7: Value-added taxes (VAT)are very popular in the
Q8: Wealth taxes are assessed on a stock
Q9: Who pays a consumption tax?
A) People who
Q10: A tax levied on an individual's total
Q11: A tax,in which amounts transferred as gifts
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