Economics 2281 · O Level · Fiscal policy

Fiscal policy — practice question

In one year, a government receives the following revenue. 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 amount of indirect tax revenue?

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

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