Post Utme Futo 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A government's budget constraint is given by the equation G = T + I. If the government's tax revenue is ₦1,000,000 and its interest payment is ₦500,000, find the government's optimal level of government exp\enditure.

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,000,000
C. ₦1,250,000
D. ₦1,750,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Futo 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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