Mr. Patrick’s income is N900 while that of Mr. Shod...
Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick and Shodawe pay N90 and N130 as taxes, the tax system is
Direct
Progressive
Regressive
Proportional
Correct answer is D
A Proportional tax applies the same tax rate to all individuals regardless of income.
\(\begin{array}{c|c} \text{Output(kg)} & 240 & 450 & 580 & 630 \\ \hline \text{MR...
The main function of NNPC is to ...
Unemployment can be reduced by? ...
The long-run is a period during which a firm ...
Which of the following is not a component of national income at factor cost? ...
A debenture holder is entitled to payment in the form of ...
A group formed to enable members adopt a common policy in labour negotiation is known as? ...