Post Utme Delsu 2025 Economics Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Delsu Economics examination.

Post Utme Delsu 2025 Economics Objective / Multiple Choice
Question 22 POST_UTME_DELSU • 2025 • ECONOMICS • objective

A government is considering a policy to reduce the budget deficit. The current budget deficit is ₦100 billion, and the government wants to reduce it by 20% in the next fiscal year. If the current tax revenue is ₦200 billion, what is the new tax rate needed to achieve the desired reduction in the budget deficit?

Answer Options

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

About This Question

This is Post Utme Delsu 2025 Economics Question 22. It is one of the objective questions from the 2025 Post Utme Delsu Economics examination.

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