Post Utme Igbinedion University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • ECONOMICS • objective

A country has a budget deficit of 5% of its GDP and a GDP growth rate of 5%. If the country's inflation rate is 2%, what is the percentage change in the value of the government's debt?

Answer Options

Correct Answer A. -0.1%
B. -0.05%
C. 0%
D. 0.05%
Correct Answer
A
Correct Option:
-0.1%

About This Question

This is Post Utme Igbinedion University 2025 Economics Question 23. It is one of the objective questions from the 2025 Post Utme Igbinedion University Economics examination.

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