Post Utme Mountain Top University 2018 Economics Question 40
Practice objective / multiple choice question 40 from the 2018 Post Utme Mountain Top University Economics examination.
A firm's budget constraint is given by the equation Y = C + I + G, where Y is the income, C is the consumption, I is the investment, and G is the government sp\ending. If the firm's income is 100 billion naira, its consumption is 50 billion naira, its investment is 20 billion naira, and its government sp\ending is 30 billion naira, what is the government sp\ending as a percentage of the income?
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About This Question
This is Post Utme Mountain Top University 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.
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