Examlex
Which of the following statements is true?
Excise Tax
A tax imposed on specific goods, services, or transactions, often included in the price of products like gasoline, tobacco, and alcohol.
Direct Tax
A type of tax levied directly on personal or corporate income.
GDP
The entire financial value of all conclusive goods and services brought forth within a nation over an established duration is encapsulated by Gross Domestic Product.
Consumption Sector
The part of the economy that involves the purchase and use of goods and services by households.
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