Post Utme Covenant University 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_COVENANT_UNIVERSITY • 2018 • ECONOMICS • objective

A government's tax revenue is given by the equation TR = 0.2Y, where TR is the tax revenue and Y is the national income. If the national income is 5000, find the tax revenue.

Answer Options

A. 1000
Correct Answer B. 1200
C. 1400
D. 1600
Correct Answer
B
Correct Option:
1200

About This Question

This is Post Utme Covenant University 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Covenant University Economics examination.

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