Post Utme Bowen University 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A government's budget constraint is given by B = T + G, where B is the budget, T is the tax revenue, and G is the government exp\enditure. If the government's tax revenue is ₦500 and the government exp\enditure is ₦1000, what is the government's budget?

Answer Options

A. B = ₦500
B. B = ₦1000
Correct Answer C. B = ₦1500
D. B = ₦2000
Correct Answer
C
Correct Option:
B = ₦1500

About This Question

This is Post Utme Bowen University 2022 Economics Question 33. It is one of the objective questions from the 2022 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.

Unlock Full Access Available for Android & Windows
Chat with Support