Post Utme Ksu 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_KSU • 2021 • ECONOMICS • objective

The National Bureau of Statistics (NBS) releases a report on the Gross Domestic Product (GDP) of Nigeria. The report states that the GDP at factor \cost is ₦10 trillion, while the GDP at market price is ₦12 trillion. What is the value of the indirect taxes?

Answer Options

Correct Answer A. ₦2 trillion
B. ₦1.5 trillion
C. ₦1 trillion
D. ₦0.5 trillion
Correct Answer
A
Correct Option:
₦2 trillion

About This Question

This is Post Utme Ksu 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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