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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
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Question 8
8
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Question 8 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
How is an excise tax different from a sales tax?
Answer
A
An excise tax applies to specific products.
B
An excise tax is an indirect tax.
C
An excise tax is not deductible.
D
An excise tax applies only to imported goods.
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