Tax Incidence And Its Effects Jamb Economics Past Questions
Question 1
The use of legally permissible means to reduce tax liabilities is known as tax?
- A. evasion
- B. avoidance
- C. relief
- D. exemption
Question 2
If Mr. A earns N2.000 a year while Mr. B earns N8000 but Mr. A pays N200 in tax per annum while Mr. B pays N400, such tax is_______
- A. Progressive
- B. Proportional
- C. Indirect
- D. Regressive
Question 3
The full meaning of NAPEP is?
- A. National Poverty Eradication Programme
- B. National Agency for Poverty and Education Program
- C. National Air Pollution and Environmental Purification
- D. None of the above
Question 4
THE RELATIONSHIP BETWEEN TAX RATE AND INCOME WHICH IS RELEVANT TO A PROPORTIONAL TAX IS DEPICTED BY
- A. CURVES Z AND Y
- B. CURVE X
- C. CURVE Z
- D. CURVE Y
Question 5
A tax on land will ultimately fall
- A. partly on agents and users
- B. entirely on users
- C. entirely on owners
- D. partly on users and owners
