Economics 0455 · IGCSE · Fiscal policy

Fiscal policy — practice question

The table gives tax figures as a percentage of Gross Domestic Product (GDP) for four countries. Income tax ($\%$), tax on business profits ($\%$), tax on dividends ($\%$), tax on goods and services ($\%$): A: $12, 14, 2, 5$ B: $14, 15, 2, 14$ C: $17, 13, 5, 10$ D: $18, 10, 1, 10$ From this data, which country had the greatest share of direct taxation as a percentage of GDP?

  • AA
  • BB
  • CC
  • DD

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