WAEC Economics 2011 Objective — Question 41
Question 41 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.
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Excise duty is levied on
- A. A. the total population
- B. B. local products or luxury goodsCorrect
- C. C. imports
- D. D. the working population
Explanation
Excise duty is a form of indirect tax levied on local products or luxury goods.
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