Economics 0455 · IGCSE · Fiscal policy

Fiscal policy — practice question

In one year, a government raises the revenue shown below. customs duties: $100\,\text{m}$ taxes on goods: $200\,\text{m}$ taxes on income: $400\,\text{m}$ taxes on services: $300\,\text{m}$ What is the total indirect tax revenue?

  • A$200\,\text{m}$
  • B$400\,\text{m}$
  • C$500\,\text{m}$
  • D$600\,\text{m}$

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