Post Utme Nile University 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Nile University Economics examination.

Post Utme Nile University 2017 Economics Objective / Multiple Choice
Question 22 POST_UTME_NILE_UNIVERSITY • 2017 • ECONOMICS • objective

A government's budget constraint is given by the equation B = T + \( I - S \), where B is the budget deficit, T is tax revenue, I is government sp\ending, and S is savings. If the government's tax revenue is 50, and the values of I and S are 30 and 20, respectively, what is the value of the government's budget deficit?

Answer Options

A. 10
B. 15
Correct Answer C. 20
D. 25
Correct Answer
C
Correct Option:
20

About This Question

This is Post Utme Nile University 2017 Economics Question 22. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.

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