Post Utme Futa 2021 Economics Question 11
Practice objective / multiple choice question 11 from the 2021 Post Utme Futa Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue from the agricultural sector. The policy requires farmers to pay a 10% tax on their annual income. If a farmer's annual income is ₦120,000, what is the amount of tax the farmer must pay?
Answer Options
About This Question
This is Post Utme Futa 2021 Economics Question 11. It is one of the objective questions from the 2021 Post Utme Futa Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.