Post Utme Elizade University 2021 Economics Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2021 Economics Objective / Multiple Choice
Question 30 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP at factor \cost is ₦100 billion, its indirect taxes are ₦20 billion, and its subsidies are ₦10 billion. What is its GDP at market price?

Answer Options

A. ₦120 billion
B. ₦130 billion
Correct Answer C. ₦140 billion
D. ₦150 billion
Correct Answer
C
Correct Option:
₦140 billion

About This Question

This is Post Utme Elizade University 2021 Economics Question 30. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.

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