Post Utme Uniosun 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2022 • ECONOMICS • objective

The government of a country is considering a new tax policy. The tax rate is 20% of the income, and the income is ₦100,000. If the government wants to collect ₦20,000 in tax revenue, what is the optimal tax rate?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Uniosun 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Uniosun Economics examination.

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