Post Utme Caleb University 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_CALEB_UNIVERSITY • 2021 • ECONOMICS • objective

A government's budget constraint is given by \( B = T + I \), where ( T ) is tax revenue and ( I ) is government sp\ending. If the government's tax revenue is \( T = 100 \) and government sp\ending is \( I = 150 \), what is the government's budget deficit?

Answer Options

A. -50
B. 0
C. 50
Correct Answer D. 100
Correct Answer
D
Correct Option:
100

About This Question

This is Post Utme Caleb University 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Caleb University Economics examination.

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