Post Utme Ksu 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_KSU • 2019 • ECONOMICS • objective

A government has a tax function of \( T = 100 + 0.1Y \) and a government exp\enditure function of \( G = 200 + 0.2Y \). Determine the equilibrium level of government revenue.

Answer Options

A. Y = 1000
Correct Answer B. Y = 2000
C. Y = 3000
D. Y = 4000
Correct Answer
B
Correct Option:
Y = 2000

About This Question

This is Post Utme Ksu 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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