Post Utme Bsu 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Bsu Economics examination.

Post Utme Bsu 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_BSU • 2024 • ECONOMICS • objective

A country's GNP at market price is ₦1,500,000. If the value added tax (VAT) rate is 10%, calculate the GNP at factor \cost.

Answer Options

Correct Answer A. ₦1,350,000
B. ₦1,400,000
C. ₦1,450,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦1,350,000

About This Question

This is Post Utme Bsu 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Bsu Economics examination.

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