Post Utme Christopher University 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP at market price is ₦1,500 billion, while its GDP at factor \cost is ₦1,400 billion. What is the value of the indirect tax?

Answer Options

Correct Answer A. ₦50 billion
B. ₦75 billion
C. ₦100 billion
D. ₦125 billion
Correct Answer
A
Correct Option:
₦50 billion

About This Question

This is Post Utme Christopher University 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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