Answers 2026-2027 Personal Finance w Mrs. Roudybush Fiscal Policy: TaxesQuestion 5

5

QuizMultiple Choice

Fiscal Policy: Taxes

Question 5 • 2026-2027 Personal Finance w/ Mrs. Roudybush

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.

More from this Course

10 verified answers

Taxes

10 verified answers

Taxes

9 verified answers

Banking: How to Manage Your Money