Post Utme Unn 2018 Economics Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Unn Economics examination.

Post Utme Unn 2018 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2018 • ECONOMICS • objective

A country's GDP at market price is ₦100 billion. The government imposes a 10% sales tax on all goods and services. What will be the country's GDP at factor \cost?

Answer Options

Correct Answer A. ₦90 billion
B. ₦100 billion
C. ₦110 billion
D. ₦120 billion
Correct Answer
A
Correct Option:
₦90 billion

About This Question

This is Post Utme Unn 2018 Economics Question 17. It is one of the objective questions from the 2018 Post Utme Unn Economics examination.

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