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Tax revenue: Quiz


Question 1: The effect of a change in taxation level on total tax revenue depends on the good being investigated, and in particular on its ________.
Elasticity (economics)Cross elasticity of demandPrice elasticity of demandSupply and demand

Question 2: An increase in tax avoidance (through the ________ or similar)
Mixed economyUnderground economyAnarchist economicsPlantation economy

Question 3: In order to calculate the total tax raised from these sales, we must work out the ________ multiplied by the quantity supplied.
Flat taxProperty taxTax rateProgressive tax

Question 4: Tax revenue are the income that is gained by ________ because of taxation of the people.


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