Economics · Economy
Identify the relationship between the following statements: Statement A: Land Revenue is derived chiefly by the imposition of a tax on land. Statement B: In essence, land revenue is a tax levied on the product obtained from the land.
- 1Statement B is true and Statement A is false.
- 2Both Statements A and B are true, and Statement B is the correct explanation of Statement A.✓
- 3Statement A is true and Statement B is false.
- 4Both Statements A and B are true, but Statement B is not the correct explanation of Statement A.
Correct answer
Both Statements A and B are true, and Statement B is the correct explanation of Statement A.
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