Post Utme Crawford University 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ECONOMICS • objective

A country's budget is given by B = T + I, where B is the budget, T is the tax revenue, and I is the interest payment. If the tax revenue is $50 billion and the interest payment is $20 billion, what is the budget?

Answer Options

A. $30 billion
B. $40 billion
Correct Answer C. $50 billion
D. $60 billion
Correct Answer
C
Correct Option:
$50 billion

About This Question

This is Post Utme Crawford University 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Crawford University Economics examination.

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