Post Utme Veritas University 2021 Economics Question 21
Practice objective / multiple choice question 21 from the 2021 Post Utme Veritas University Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue from the agricultural sector. The policy involves a 10% tax on all agricultural products sold in the country. If the total revenue from agricultural products before the tax was ₦10 billion, and the tax rate is 10%, what is the new revenue after the tax is imposed?
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About This Question
This is Post Utme Veritas University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Veritas University Economics examination.
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