Post Utme Bsu 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_BSU • 2019 • ECONOMICS • objective

A country's GDP at market price is ₦100 billion, and its GDP at factor \cost is ₦90 billion. What is the indirect tax rate?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Bsu 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support