Post Utme Joseph Ayo Babalola University 2025 Economics Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 38 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP at market price is ₦500 billion, and its GDP at factor \cost is ₦480 billion. What is the value of the indirect tax?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 38. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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