WAEC Economics 2023 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Economics 2023 Objective paper, with the correct answer and a full explanation.
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Taxes levied on goods and services by governments are called A. direct taxes. B. corporate taxes. C. indirect taxes. D. poll taxes.
- A. direct taxes
- B. corporate taxes
- C. indirect taxesCorrect
- D. poll taxes
Explanation
Taxes on goods are considered indirect taxes because they are not imposed directly on the person paying it.
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