Post Utme Afe Babalola University 2017 Economics Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 9 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A government's budget constraint is given by B = T + M. If the government's tax revenue is ₦50 billion and its money supply is ₦20 billion, what is the government's budget deficit?

Answer Options

A. ₦30 billion
B. ₦35 billion
Correct Answer C. ₦40 billion
D. ₦45 billion
Correct Answer
C
Correct Option:
₦40 billion

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

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