Post Utme Eksu 2023 Economics Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Eksu Economics examination.

Post Utme Eksu 2023 Economics Objective / Multiple Choice
Question 14 POST_UTME_EKSU • 2023 • ECONOMICS • objective

A country's GDP at market price is ₦100 billion. If the GDP at factor \cost is ₦120 billion, what is the indirect tax rate?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Eksu 2023 Economics Question 14. It is one of the objective questions from the 2023 Post Utme Eksu Economics examination.

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