Post Utme Covenant University 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_COVENANT_UNIVERSITY • 2021 • ECONOMICS • objective

A country's government budget is given by G = 20% of GDP, where G is government exp\enditure and GDP is gross domestic product. If GDP is ₦100 billion, what is the government's exp\enditure?

Answer Options

Correct Answer A. ₦20 billion
B. ₦25 billion
C. ₦30 billion
D. ₦35 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Covenant University 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Covenant University Economics examination.

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