Post Utme Coal City University 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A government's budget is balanced when its total revenue equals its total exp\enditure. If the government's total revenue is ₦1,000,000 and its total exp\enditure is ₦1,200,000, what is the government's budget deficit?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Coal City University 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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