Post Utme Rhema University 2017 Economics Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 13 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is ₦10 trillion. If the government imposes a 10% tax on the GDP, what is the amount of tax collected?

Answer Options

A. ₦1 trillion
Correct Answer B. ₦1.5 trillion
C. ₦2 trillion
D. ₦2.5 trillion
Correct Answer
B
Correct Option:
₦1.5 trillion

About This Question

This is Post Utme Rhema University 2017 Economics Question 13. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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