Post Utme Greenfield University 2024 Economics Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2024 Economics Objective / Multiple Choice
Question 7 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ECONOMICS • objective

A government budget is a statement of the government's planned revenues and exp\enditures over a specific period. If the government's planned revenue is ₦1,500,000 and its planned exp\enditure is ₦1,800,000, what is the budget deficit?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Greenfield University 2024 Economics Question 7. It is one of the objective questions from the 2024 Post Utme Greenfield University 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