Post Utme Oau 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 7 POST_UTME_OAU • 2018 • ECONOMICS • objective

A country's GDP at market price is ₦1,500,000,000. If the net indirect tax is ₦200,000,000, calculate the GDP at factor \cost.

Answer Options

Correct Answer A. ₦1,300,000,000
B. ₦1,400,000,000
C. ₦1,500,000,000
D. ₦1,600,000,000
Correct Answer
A
Correct Option:
₦1,300,000,000

About This Question

This is Post Utme Oau 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support