Post Utme Mountain Top University 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A government's budget is given by the following equation: \( G = 100 + 0.2Y \). If the government's tax revenue is ₦500, what is the government's budget deficit?

Answer Options

A. ₦100
B. ₦200
Correct Answer C. ₦300
D. ₦400
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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