Post Utme Madonna University 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_MADONNA_UNIVERSITY • 2021 • ECONOMICS • objective

A government's budget is given by B = T + I, where B is budget, T is tax revenue, and I is government exp\enditure. If the government's tax revenue is ₦500,000,000 and government exp\enditure is ₦1,000,000,000, what is the budget?

Answer Options

A. ₦1,500,000,000
Correct Answer B. ₦1,500,500,000
C. ₦1,500,000,500
D. ₦1,500,000,000
Correct Answer
B
Correct Option:
₦1,500,500,000

About This Question

This is Post Utme Madonna University 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.

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