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When It Comes to the Composition of Tax Revenues from Different

Question 21

Multiple Choice

When it comes to the composition of tax revenues from different sources,


A) developing countries derive the largest portion of their revenue from income taxes and developed countries from consumption taxes.
B) developing countries derive the largest portion of their revenue from consumption taxes and developed countries from income taxes.
C) both developing countries and developed countries derive the largest portion of their revenue from income taxes.
D) both developing countries and developed countries derive the largest portion of their revenue from consumption taxes.

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