Post Utme Futo 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_FUTO • 2022 • ECONOMICS • objective

A country's GDP at market price is ₦100 billion. The country's net indirect tax is ₦10 billion. What is the country's GDP at factor \cost?

Answer Options

Correct Answer A. ₦90 billion
B. ₦95 billion
C. ₦100 billion
D. ₦105 billion
Correct Answer
A
Correct Option:
₦90 billion

About This Question

This is Post Utme Futo 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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