Question : It refers to tax levied on imported goods.
Option 1: Quota
Option 2: Tariff
Option 3: Tax
Option 4: None of the above
Correct Answer: Tariff
Solution : Tariff refers to the tax levied on imported goods. Hence option B is correct.
Question : It refers to non-tariff barriers imposed on the quantity of imports and exports.
Question : Aggregate supply refers to __________________.
Option 1: Actual output
Option 2: Desired output
Option 3: Both of the above
Question : ________________ refers to the receipt of the government from all sources other than those of tax receipt.
Option 1: Tax revenue
Option 2: Non tax revenue
Option 3: Direct tax
Option 4: Indirect tax
Question : ___________ refers to the tax that are imposed on property and income of individual income and their burden can not be shifted.
Option 1: Direct tax
Option 2: Indirect tax
Option 3: Non tax revenue
Option 4: Tax revenue.
Question : Revenue receipts includes
Option 2: Non-tax revenue
Option 3: Both A and B
Option 4: None of the above.
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