Post Utme Oau 2023 Economics Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Oau Economics examination.

Post Utme Oau 2023 Economics Objective / Multiple Choice
Question 17 POST_UTME_OAU • 2023 • ECONOMICS • objective

A country's GDP is 100 billion naira. The government imposes a 10% tax on all goods and services. If the tax revenue is 5 billion naira, what is the country's GNP?

Answer Options

A. 95
B. 100
Correct Answer C. 105
D. 110
Correct Answer
C
Correct Option:
105

About This Question

This is Post Utme Oau 2023 Economics Question 17. It is one of the objective questions from the 2023 Post Utme Oau Economics examination.

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