Post Utme Covenant University 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_COVENANT_UNIVERSITY • 2024 • ECONOMICS • objective

A government's budget is given by the following equation: Budget = \( T - G \) + \( I - S \). If T = ₦100 billion, G = ₦80 billion, I = ₦20 billion, and S = ₦15 billion, what is the budget?

Answer Options

A. ₦5 billion
B. ₦10 billion
Correct Answer C. ₦15 billion
D. ₦20 billion
Correct Answer
C
Correct Option:
₦15 billion

About This Question

This is Post Utme Covenant University 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Covenant University Economics examination.

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