Indirect taxies levied upon goods produced for home consumption are called:

Related MCQs

• Goods which are produced for consumption rather than as an intermediate product used in the process of production are referred to as:
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• Consumption function expresses the relationship between consumption and -
• Goods which are meant either for consumption or for investment are called -
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• The difference between the amount produced by a firm and the higher amount that could most efficiently be produced is termed as:
• Pairs of goods for which consumption is interdependent e.g., cars and petrol or cups and saucers are known as:
• The tax levied on gross sales revenue from business transactions is called -
• A tax levied as a proportion of the retail price of a commodity at the point of sale is called:
• The excess of the value of imports of goods and services over the value of exports of goods and services is called: