Economics · National Income Accounting
With reference to the framework of National Income Accounting, consider the following taxes: I. Stamp duty II. Excise duty III. Service tax IV. Customs duty Which of the above are classified as taxes on products?
- 1I and IV only
- 2II, III and IV✓
- 3II and III only
- 4I, II and III
Correct answer
II, III and IV
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