Principles Of Taxation Jamb Economics Past Questions
Question 1
The relationship between tax rate and income which is relevant to a proportional tax is depicted by?
- A. curve Z and Y
- B. curve X
- C. curve Z
- D. curve Y
Question 2
The relationship between the tax rate and income which is relevant to progressive tax is shown by?
- A. curve X
- B. curve Y
- C. curve Z
- D. curve X and Z
Question 3
Which of the following is an indirect tax?
- A. Poll tax
- B. personal income tax
- C. Company tax
- D. excise duties
Question 4
An ad valorem tax is imposed on_____?
- A. Exports
- B. Imports
- C. The Value of a Commodity
- D. Special Commodities
Question 5
A form of tax that is mildly progressive and regressive is_______
- A. Proportional tax
- B. Progressive tax
- C. Regressive tax
- D. Digressive tax
