Which of the Following Is Not a General Category of Excise

question 9

Multiple Choice

Which of the following is not a general category of excise tax?

• A) Unemployment
• B) Luxury
• C) Sumptuary
• D) Benefit-based

---

Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale.

Appreciate the Euro

An increase in the value of the Euro relative to other currencies.

Depreciates

The loss of value of an asset over time due to factors such as wear and tear, age, or technological advancements.

Russian Ruble

The national currency of Russia, utilized as the medium of exchange within the country.