Post Utme Lead City University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

A government budget is given by B = T + \( G - Tc \). If the government's tax revenue is 100 billion, and its government exp\enditure is 150 billion, what will be the budget deficit?

Answer Options

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

About This Question

This is Post Utme Lead City University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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