Post Utme Christopher University 2023 Economics Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2023 Economics Objective / Multiple Choice
Question 31 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • ECONOMICS • objective

A country has a budget deficit of 5% of its GDP. If the GDP is $100 billion, what is the value of the budget deficit in dollars?

Answer Options

Correct Answer A. $5 billion
B. $10 billion
C. $50 billion
D. $100 billion
Correct Answer
A
Correct Option:
$5 billion

About This Question

This is Post Utme Christopher University 2023 Economics Question 31. It is one of the objective questions from the 2023 Post Utme Christopher University Economics examination.

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