Post Utme Lead City University 2017 Economics Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2017 Economics Objective / Multiple Choice
Question 30 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A government 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 $100 billion and the interest payment is $50 billion, what is the government's budget?

Answer Options

Correct Answer A. $150 billion
B. $200 billion
C. $250 billion
D. $300 billion
Correct Answer
A
Correct Option:
$150 billion

About This Question

This is Post Utme Lead City University 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Lead City University Economics examination.

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