Post Utme Esut 2024 Economics Question 2
Practice objective / multiple choice question 2 from the 2024 Post Utme Esut Economics examination.
A government budget is given by B = T + I + G, where B is budget, T is tax revenue, I is interest payment, and G is government exp\enditure. If the government increases tax revenue by 10% and interest payment by 5%, and government exp\enditure by 8%, what is the percentage change in the budget?
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About This Question
This is Post Utme Esut 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Esut Economics examination.
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