Post Utme Rhema University 2020 Economics Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2020 Economics Objective / Multiple Choice
Question 37 POST_UTME_RHEMA_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP at market price is ₦1,500 billion. The indirect tax rate is 10%. What is the GDP at factor \cost?

Answer Options

Correct Answer A. ₦1,350 billion
B. ₦1,350 billion
C. ₦1,350 billion
D. ₦1,350 billion
Correct Answer
A
Correct Option:
₦1,350 billion

About This Question

This is Post Utme Rhema University 2020 Economics Question 37. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.

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