Post Utme Osustech 2019 Economics Question 32
Practice objective / multiple choice question 32 from the 2019 Post Utme Osustech Economics examination.
A government is considering a policy to reduce the budget deficit. The government's budget constraint is given by B = T + I + G, where B is the budget deficit, T is tax revenue, I is interest payments, and G is government sp\ending. If the government wants to reduce the budget deficit by ₦10 billion, and tax revenue increases by ₦5 billion, what is the new level of government sp\ending?
Answer Options
About This Question
This is Post Utme Osustech 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Osustech Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.