WAEC Economics 2015 Objective — Question 39
Question 39 of 50 from the West African Examinations Council (WAEC) Economics 2015 Objective paper, with the correct answer and a full explanation.
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Which is the total revenue from indirect taxes? [Using the table: Customs and excise duties $300.20m, Value added tax $100.00m]
- A. $686.0m
- B. $400.20mCorrect
- C. $135.80m
- D. $100.0m
Explanation
Indirect taxes in the table are customs and excise duties plus value added tax: 300.20+100.00 = $400.20m.
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