Post Utme Joseph Ayo Babalola University 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A government budget is given by B = T + I. If the government's tax revenue is ₦100 billion and its interest payment is ₦50 billion, what is the government's budget deficit?

Answer Options

A. ₦50 billion
Correct Answer B. ₦60 billion
C. ₦70 billion
D. ₦80 billion
Correct Answer
B
Correct Option:
₦60 billion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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