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Subject - Economics:

Microeconomics

MCQ - 165-4175

Question:

The U.S. government collects tax revenue, buys military equipment from many private firms, and uses this equipment to provide national defense to all Americans. This is a good example of

  1. a natural monopoly.
  2. an excise tax on military equipment.
  3. a regressive tax.
  4. an excise tax on military equipment.
  5. deadweight loss.

Correct Answer: D

Explanation:

Know your public goods.

Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: The U.S. government collects tax revenue, buys military equipment from many private firms, and uses this equipment to provide national defense to all .... good example of , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 165-4175.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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