Which Tax Is an Example of a Tax on Consumption

question 16

Multiple Choice

Which tax is an example of a tax on consumption?

• A) capital gains tax
• B) individual income tax
• C) property tax
• D) excise tax

---

Definitions:

Lifespans

Describes the various lengths of life that different organisms are expected to live; emphasizes the biological and environmental factors affecting these durations.

Society

Society refers to a group of individuals living together in a more or less ordered community, sharing customs, laws, and organizations.

Timing

The selection of the best or appropriate moment to perform an action in order to achieve desired effect or outcome.

Grandparenthood

The state or period of being a grandparent, experiencing the relationship with one's child's offspring.