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2.5 Fiscal policy and supply-side policies

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Question 44

A government introduces a fiscal reform package to adjust its tax revenues. Which of the following options correctly identifies a direct tax and an indirect tax from this package?

Direct tax: Air Passenger Duty; Indirect tax: Income Tax

Direct tax: Value Added Tax (VAT); Indirect tax: Corporation Tax

Direct tax: Capital Gains Tax; Indirect tax: Excise Duty on fuel

Direct tax: Customs Duties; Indirect tax: National Insurance Contributions

2.5 Fiscal policy and supply-side policies Questions

  1. A Level
  2. /Economics
  3. /2.5 Fiscal policy and supply-side policies