Post Utme Eksu 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice
Question 34 POST_UTME_EKSU • 2018 • ECONOMICS • objective

A firm's tax function is given by T = 0.2Y, where T is the tax paid and Y is the national income. If the firm's national income is 10,000, what is the tax paid?

Answer Options

A. 1000
Correct Answer B. 2000
C. 3000
D. 4000
Correct Answer
B
Correct Option:
2000

About This Question

This is Post Utme Eksu 2018 Economics Question 34. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.

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