Post Utme Babcock University 2021 Economics Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2021 Economics Objective / Multiple Choice
Question 3 POST_UTME_BABCOCK_UNIVERSITY • 2021 • ECONOMICS • objective

A government budget is given by the equation \( B = 1000 + 0.2Y \), where ( Y ) is the national income. If the national income is \( Y = 5000 \), what is the government budget?

Answer Options

A. ₦1500
Correct Answer B. ₦2000
C. ₦2500
D. ₦3000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Babcock University 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Babcock University Economics examination.

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