Economics · Taxation and Public Finance
___ is a type of tax where both the initial impact and the ultimate incidence fall on the exact same person upon whom it is legally imposed.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Direct tax✓
- 2Indirect tax
- 3Goods and services tax
- 4Value added tax
Correct answer
Direct tax
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