Post Utme Rhema University 2025 Economics Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice
Question 27 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP at market price is ₦1,500 billion, while its GDP at factor \cost is ₦1,400 billion. What is the implicit deflator?

Answer Options

A. 1.07
Correct Answer B. 1.08
C. 1.09
D. 1.10
Correct Answer
B
Correct Option:
1.08

About This Question

This is Post Utme Rhema University 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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