Author Question: Tax collected based on a taxpayer's spending is known as: a. excise tax. b. consumption tax. c. ... (Read 72 times)

lbcchick · **on:** Jun 30, 2018

Tax collected based on a taxpayer's spending is known as:
a. excise tax.
b. consumption tax.
c. gift tax.
d. income tax.

Question 2

A decrease in the price of a currency in terms of another under a flexible exchange rate regime is called:
a. capital flight.
b. depreciation.
c. revaluation.
d. devaluation.
e. currency adjustment.