Post Utme Ims U 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Ims U Economics examination.

Post Utme Ims U 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_IMS_U • 2020 • ECONOMICS • objective

A country's government budget is given by the equation: G = T + I + X, where G is government exp\enditure, T is tax revenue, I is investment, and X is exports. If the government exp\enditure is ₦1 trillion, tax revenue is ₦500 billion, investment is ₦200 billion, and exports are ₦300 billion, what is the value of G?

Answer Options

A. 1.3
B. 1.5
C. 1.7
Correct Answer D. 1.9
Correct Answer
D
Correct Option:
1.9

About This Question

This is Post Utme Ims U 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Ims U Economics examination.

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