Economics · Excise Tax
On which of the following activities is an excise tax primarily imposed?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The importation of foreign goods across international borders
- 2The manufacture, sale, or consumption of specific goods and commodities✓
- 3The transfer of inherited wealth and real estate properties
- 4The total annual net income earned by corporate entities
Correct answer
The manufacture, sale, or consumption of specific goods and commodities
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