Post Utme Skyline University 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP is ₦1 trillion. If the country's government imposes a tax of 10% on GDP, what is the new GDP after the tax is imposed?

Answer Options

A. ₦1.1 trillion
Correct Answer B. ₦1.05 trillion
C. ₦1.1 trillion
D. ₦1.05 trillion
Correct Answer
B
Correct Option:
₦1.05 trillion

About This Question

This is Post Utme Skyline University 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Skyline University Economics examination.

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