Post Utme Uniosun 2024 Economics Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 1 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

Consider a country with a fixed exchange rate of ₦5 per US dollar. If the country's GDP at market prices is ₦10 trillion and the implicit price deflator is 1.2, calculate the country's GDP at cons\tant prices.

Answer Options

Correct Answer A. ₦8.33 trillion
B. ₦10 trillion
C. ₦12 trillion
D. ₦15 trillion
Correct Answer
A
Correct Option:
₦8.33 trillion

About This Question

This is Post Utme Uniosun 2024 Economics Question 1. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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