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    Principles of Economics Study Set 8
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    Exam 12: The Design of the Tax System
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    A Consumption Tax Is a Tax on
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A Consumption Tax Is a Tax on

Question 110

Question 110

Multiple Choice

A consumption tax is a tax on


A) goods but not on services.
B) the amount of income that people spend.
C) the amount of income that people earn.
D) the amount of income that people save.

Correct Answer:

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