Post Utme Coal City University 2024 Economics Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 27 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A country's government budget constraint is represented by the equation: B = T + I + G. What is the value of the budget deficit (BD) if the government sp\ends ₦500 million on interest payments and ₦300 million on goods and services?

Answer Options

A. ₦200 million
Correct Answer B. ₦300 million
C. ₦400 million
D. ₦500 million
Correct Answer
B
Correct Option:
₦300 million

About This Question

This is Post Utme Coal City University 2024 Economics Question 27. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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