Post Utme Futa 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Futa Economics examination.

Post Utme Futa 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_FUTA • 2020 • ECONOMICS • objective

A government's budget constraint is given by B = T + I, where B is the budget, T is the tax revenue, and I is the interest payment. If the tax revenue is ₦100 and the interest payment is ₦50, what is the budget?

Answer Options

Correct Answer A. ₦150
B. ₦200
C. ₦250
D. ₦300
Correct Answer
A
Correct Option:
₦150

About This Question

This is Post Utme Futa 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support