The sharp increase in the prices of most goods and services during the last quarter...

ECONOMICS
JAMB 1995

The sharp increase in the prices of most goods and services during the last quarter of 1994 in Nigeria were mainly due to?

  • A. ban on importation of foreign goods
  • B. population upsurge
  • C. the introduction of value-added tax
  • D. increase in transport costs

Correct Answer: C. the introduction of value-added tax



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