Post Utme Joseph Ayo Babalola University 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A government budget is given by the equation: G = T + I, where G is government exp\enditure, T is tax revenue, and I is investment. If the government exp\enditure is ₦500 billion, tax revenue is ₦300 billion, and investment is ₦200 billion, what is the value of the budget deficit (BD)?

Answer Options

Correct Answer A. ₦100 billion
B. ₦200 billion
C. ₦300 billion
D. ₦400 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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