Which Tax Is Levied Additionally at a Per Unit Cost

question 6

Multiple Choice

Which tax is levied additionally at a per unit cost onto items such as alcohol,tobacco,and fuel?

• A)Intangibles tax
• B)Sin tax
• C)Sales tax
• D)Excise tax

---

Definitions:

Tariff

A tax imposed by a nation on an imported good.

Excise Tax

An excise tax is a tax levied on the sale of specific goods or services, such as tobacco, alcohol, and fuel, often intended to discourage their use or generate revenue.

Imported Good

A product or service brought into one country from another for the purpose of selling it.

Government Payment

Financial transfers from the government to individuals, organizations, or other governmental units.