Post Utme Joseph Ayo Babalola University 2025 Economics Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 7 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is ₦10 trillion. If the government imposes a 10% tax on the GDP, what is the new GDP?

Answer Options

Correct Answer A. ₦9 trillion
B. ₦11 trillion
C. ₦10 trillion
D. ₦12 trillion
Correct Answer
A
Correct Option:
₦9 trillion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 7. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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