passwella.
Menu

WAEC Economics 2010 Question 41

Question 41

Public Finance

Excise duty is levied on

  1. A.the total population.
  2. B.local products.
  3. C.luxury goods.
  4. D.the working population.
Show the answer and explanation

Answer: B (local products.)

Explanation

Excise duty is a tax on goods produced within the country.