Post Utme Abu 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_ABU • 2022 • ECONOMICS • objective

A country's budget is given by the equation B = T + I + G, where B is the budget, T is the tax revenue, I is the interest payment, and G is the government exp\enditure. If the tax revenue is ₦100, the interest payment is ₦20, and the government exp\enditure is ₦80, what is the budget?

Answer Options

A. ₦200
B. ₦220
Correct Answer C. ₦240
D. ₦260
Correct Answer
C
Correct Option:
₦240

About This Question

This is Post Utme Abu 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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