CIPS Exam A6 Topic 1 Question 46 Discussion

Actual exam question for CIPS's A6 exam

Question #: 46
Topic #: 1

According to economic theory, which of the following best describes what should happen to the sales of a product if the government increases the tax on them?

AThe sales increase

BThe sales decrease

CThe sales remain the same

DThe sales double.

Show Suggested Answer

Suggested Answer: C

by Tasia at Mar 10, 2024, 09:49 PM

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Narcisa

15 days ago

I agree with Dorthy, when the government increases tax, people are less likely to buy the product.

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Dorthy

16 days ago

I think the answer is B) The sales decrease.

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