Post Utme Ksu 2017 Economics Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 37 POST_UTME_KSU • 2017 • ECONOMICS • objective

A government's budget is given by the equation B = T + I, where B is the budget, T is the tax revenue, and I is the interest payment. If the tax revenue is ₦50 billion and the interest payment is ₦20 billion, what is the budget?

Answer Options

Correct Answer A. ₦70 billion
B. ₦60 billion
C. ₦50 billion
D. ₦40 billion
Correct Answer
A
Correct Option:
₦70 billion

About This Question

This is Post Utme Ksu 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.

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