Post Utme Crawford University 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 34 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A government's fiscal policy is given by the equation B = T + I, where B is the budget, T is tax revenue, and I is government sp\ending. If the government's tax revenue is ₦1000 and government sp\ending is ₦1500, what is the budget?

Answer Options

A. ₦1000
B. ₦1500
C. ₦2000
Correct Answer D. ₦2500
Correct Answer
D
Correct Option:
₦2500

About This Question

This is Post Utme Crawford University 2018 Economics Question 34. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

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