Post Utme Futo 2025 Economics Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Futo Economics examination.

Post Utme Futo 2025 Economics Objective / Multiple Choice
Question 22 POST_UTME_FUTO • 2025 • ECONOMICS • objective

A country's GDP at factor \cost is $100 billion, and its GDP at market price is $120 billion. What is the indirect tax?

Answer Options

A. $10 billion
B. $20 billion
Correct Answer C. $30 billion
D. $40 billion
Correct Answer
C
Correct Option:
$30 billion

About This Question

This is Post Utme Futo 2025 Economics Question 22. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.

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