Post Utme Osustech 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Osustech Economics examination.

Post Utme Osustech 2019 Economics Objective / Multiple Choice
Question 22 POST_UTME_OSUSTECH • 2019 • ECONOMICS • objective

A government wants to reduce the budget deficit by increa\sing taxes. If the government increases the tax rate from 20% to 25%, what is the new tax revenue?

Answer Options

A. ₦100,000
Correct Answer B. ₦125,000
C. ₦150,000
D. ₦175,000
Correct Answer
B
Correct Option:
₦125,000

About This Question

This is Post Utme Osustech 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Osustech Economics examination.

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