Post Utme Crawford University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

The Nigerian government has implemented a budget policy to reduce the budget deficit. The policy involves a 20% decrease in government exp\enditure. If the budget is given by B = 1000 + 0.5G, where G is the government exp\enditure, what is the effect of the policy on the budget deficit?

Answer Options

A. Increases
Correct Answer B. Decreases
C. Remains Cons\tant
D. Indeterminate
Correct Answer
B
Correct Option:
Decreases

About This Question

This is Post Utme Crawford University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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