Post Utme Ims U 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A government's budget can be in surplus even if its tax revenue is less than its exp\enditure because

Answer Options

A. the government has a surplus of capital
B. the government has a surplus of current revenue
C. the government has a deficit of current exp\enditure
Correct Answer D. the government has a surplus of current revenue and a deficit of capital exp\enditure
Correct Answer
D
Correct Option:
the government has a surplus of current revenue and a deficit of capital exp\enditure

About This Question

This is Post Utme Ims U 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.

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