Post Utme Noun 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_NOUN • 2018 • ECONOMICS • objective

A country's GDP is ₦100 billion. If the government decides to increase the price of a commodity by 10%, what is the new GDP?

Answer Options

A. ₦110 billion
Correct Answer B. ₦120 billion
C. ₦130 billion
D. ₦140 billion
Correct Answer
B
Correct Option:
₦120 billion

About This Question

This is Post Utme Noun 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

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