Post Utme Uniport 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Uniport Economics examination.

Post Utme Uniport 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_UNIPORT • 2018 • ECONOMICS • objective

A country's national income is ₦100 billion. If the government increases the income tax rate from 10% to 15%, what is the new national income?

Answer Options

A. ₦90 billion
B. ₦95 billion
C. ₦100 billion
Correct Answer D. ₦105 billion
Correct Answer
D
Correct Option:
₦105 billion

About This Question

This is Post Utme Uniport 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Uniport Economics examination.

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