Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

Which tax is charged on a stock of wealth instead of a flow of income?

  • Acompany profits tax
  • Bgoods and services (expenditure) tax
  • Cindividual direct tax
  • Dpersonal asset tax

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI