In the case of relatively elastic demand, the money burden of tax is on:

Related MCQs

• The final resting place of the burden of tax is called:
• An increase in tax rate when tax base expands represents:
• Who suggested an expenditure tax as an alternative to income tax?
• There is a view that reduced rates on income tax would lead to a significant rise in income tax revenue. This view has been attributed to
• In the case of direct tax, impact and incidence are on:
• In the case of direct tax, impact and incidence are on:
• When expenditure exceeds total tax revenue, it is called:
• Income tax is based on the principle of:
• Which is not the characteristic of a tax?
• Value Added Tax is: