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1. ........................................ taxes are collected by the Revenue authority from a business, which attempts to pass on the tax to consumers in the price of goods. Which word correctly completes this statement?
A Progressive
B Direct
C Indirect (1 mark)
2. If a government has a macro-economic policy objective of expanding the overall level of economic activity, which of the following measures would not be consistent with such an objective?
A Increasing public expenditure
B Lowering interest rates
C Increasing taxation
