Answers MO-Economics Fiscal Policy: TaxesQuestion 7

7

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Fiscal Policy: Taxes

Question 7 • MO-Economics

How is an excise tax different from a sales tax?

Answer

A

An excise tax is not deductible.

A

An excise tax applies to specific products.

A

An excise tax applies only to imported goods.

A

An excise tax is an indirect tax.

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