Post Utme Joseph Ayo Babalola University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A government's budget function is given by B = T + G. If the government's tax revenue is ₦50 and the government's exp\enditure is ₦30, what is the government's budget balance?

Answer Options

Correct Answer A. ₦20
B. ₦30
C. ₦40
D. ₦50
Correct Answer
A
Correct Option:
₦20

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola 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