Post Utme Futa 2024 Economics Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Futa Economics examination.

Post Utme Futa 2024 Economics Objective / Multiple Choice
Question 20 POST_UTME_FUTA • 2024 • ECONOMICS • objective

A government's budget constraint is given by B = T + G, where B is the budget, T is the tax revenue, and G is the government exp\enditure. If the government's tax revenue is ₦500 and the government exp\enditure is ₦750, what is the government's budget?

Answer Options

Correct Answer A. ₦1250
B. ₦1250
C. ₦1250
D. ₦1250
Correct Answer
A
Correct Option:
₦1250

About This Question

This is Post Utme Futa 2024 Economics Question 20. It is one of the objective questions from the 2024 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