Author Question: In 19957, tax revenue as a percent of GDP (a) was roughly equal between developing and developed ... (Read 63 times)

james0929 · **on:** Jun 30, 2018

In 19957, tax revenue as a percent of GDP

(a) was roughly equal between developing and developed countries.
(b) was a few percentage points higher for developed than for developing countries.
(c) was a few percentage points lower for developed than for developing countries.
(d) was much higher (approximately double) for developed countries than for developing countries.
(e) was much higher (approximately double) for developing countries than for developed countries.

Question 2

When it comes to the composition of tax revenues from different sources,

(a) developing countries derive the largest portion of their revenue from income taxes and developed countries from consumption taxes.
(b) developing countries derive the largest portion of their revenue from consumption taxes and developed countries from income taxes.
(c) both developing countries and developed countries derive the largest portion of their revenue from income taxes.
(d) both developing countries and developed countries derive the largest portion of their revenue from consumption taxes.