Post Utme Nile University 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Nile University Economics examination.

Post Utme Nile University 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_NILE_UNIVERSITY • 2020 • ECONOMICS • objective

A country's government budget is given by the following equation: G = T + I, where G is the government exp\enditure, T is the tax revenue, and I is the interest payment. If the tax revenue is ₦50 billion and the interest payment is ₦20 billion, what is the government exp\enditure?

Answer Options

A. ₦30 billion
B. ₦40 billion
Correct Answer C. ₦50 billion
D. ₦60 billion
Correct Answer
C
Correct Option:
₦50 billion

About This Question

This is Post Utme Nile University 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Nile University Economics examination.

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