Post Utme Uniport 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Uniport Economics examination.

Post Utme Uniport 2018 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNIPORT • 2018 • ECONOMICS • objective

A country's GDP at market price is ₦100 billion, while its GDP at factor \cost is ₦90 billion. What is the indirect tax rate?

Answer Options

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

About This Question

This is Post Utme Uniport 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Uniport Economics examination.

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