Post Utme Christopher University 2018 Economics Question 12
Practice objective / multiple choice question 12 from the 2018 Post Utme Christopher University Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue. The tax rate is 10% of the income, and the tax is levied on all individuals earning above ₦500,000 per annum. If the average income of Nigerians is ₦400,000, what is the impact of this policy on the government revenue?
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About This Question
This is Post Utme Christopher University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.
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