Post Utme Abu 2018 Economics Question 37
Practice objective / multiple choice question 37 from the 2018 Post Utme Abu Economics examination.
A government is considering a policy to reduce the budget deficit by increa\sing taxes. The current tax rate is 20% and the government wants to increase it by 5% every year for the next 5 years. If the current budget deficit is ₦100 billion, what will be the budget deficit after 5 years?
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About This Question
This is Post Utme Abu 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.
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