Post Utme Futo 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Futo Economics examination.

Post Utme Futo 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_FUTO • 2024 • ECONOMICS • objective

A country's national income is ₦100 billion. If the government imposes a tax of 10% on the national income, what is the amount of tax collected?

Answer Options

A. ₦5 billion
Correct Answer B. ₦10 billion
C. ₦15 billion
D. ₦20 billion
Correct Answer
B
Correct Option:
₦10 billion

About This Question

This is Post Utme Futo 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Futo Economics examination.

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