Post Utme Bowen University 2017 Economics Question 10
Practice objective / multiple choice question 10 from the 2017 Post Utme Bowen University Economics examination.
A government's budget constraint is given by G = T + I, where G is government exp\enditure, T is tax revenue, and I is interest payment. If the government's tax revenue is ₦100, interest payment is ₦50, and government exp\enditure is ₦150, what is the budget deficit?
Answer Options
About This Question
This is Post Utme Bowen University 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.