Post Utme Elizade University 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2021 Economics Objective / Multiple Choice
Question 33 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 factor \cost?

Answer Options

Correct Answer A. ₦100 billion
B. ₦110 billion
C. ₦120 billion
D. ₦130 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Elizade University 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.

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