Post Utme Futa 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice

Question 5 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A country's GDP at factor \cost is ₦1,000 billion and its net indirect tax is ₦50 billion. What is its GDP at market price?

Correct Answer A. ₦1,050 billion

B. ₦1,000 billion

C. ₦950 billion

D. ₦900 billion

Correct Answer

Correct Option:

₦1,050 billion

This is Post Utme Futa 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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