Post Utme Covenant University 2019 Economics Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2019 Economics Objective / Multiple Choice
Question 36 POST_UTME_COVENANT_UNIVERSITY • 2019 • ECONOMICS • objective

A country has a budget deficit of ₦100 billion. If the government increases its revenue by 20% and decreases its exp\enditure by 15%, what will be the new budget deficit?

Answer Options

Correct Answer A. ₦80 billion
B. ₦90 billion
C. ₦120 billion
D. ₦110 billion
Correct Answer
A
Correct Option:
₦80 billion

About This Question

This is Post Utme Covenant University 2019 Economics Question 36. It is one of the objective questions from the 2019 Post Utme Covenant University Economics examination.

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