Post Utme Eksu 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 14 POST_UTME_EKSU • 2019 • ECONOMICS • objective

A government budget has the following components: Revenue = ₦100,000, Exp\enditure = ₦120,000, and a deficit of ₦20,000. What is the fiscal policy?

Answer Options

A. Expansionary
Correct Answer B. Contractionary
C. Neutral
D. Fiscal policy is not applicable
Correct Answer
B
Correct Option:
Contractionary

About This Question

This is Post Utme Eksu 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Eksu Economics examination.

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