Post Utme Esut 2024 Economics Question 5

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

Post Utme Esut 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_ESUT • 2024 • ECONOMICS • objective

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?

Answer Options

A. 2%
B. 5%
Correct Answer C. 8%
D. 10%
Correct Answer
C
Correct Option:
8%

About This Question

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

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