Post Utme Covenant University 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_COVENANT_UNIVERSITY • 2018 • ECONOMICS • objective

A government budget is given by the equation B = 1000 + 0.2Y, where B is the budget and Y is the national income. If the national income is 5000, find the value of the budget.

Answer Options

A. 1000
Correct Answer B. 2000
C. 3000
D. 4000
Correct Answer
B
Correct Option:
2000

About This Question

This is Post Utme Covenant University 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Covenant University Economics examination.

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