Post Utme Ksu 2021 Economics Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2021 • ECONOMICS • objective

A government's budget constraint is given by B = T + I. If the government's tax revenue is ₦500 billion and its interest payment is ₦200 billion, what is the budget deficit?

Answer Options

Correct Answer A. ₦300 billion
B. ₦400 billion
C. ₦500 billion
D. ₦600 billion
Correct Answer
A
Correct Option:
₦300 billion

About This Question

This is Post Utme Ksu 2021 Economics Question 20. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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