Post Utme Pan Atlantic University 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2023 Economics Objective / Multiple Choice
Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ECONOMICS • objective

A government's budget constraint is given by B = T + G, where B is the budget, T is the tax revenue, and G is the government exp\enditure. If the government collects ₦100 in tax revenue and sp\ends ₦150 on goods and services, what is the government's budget deficit?

Answer Options

A. ₦50
B. ₦100
Correct Answer C. ₦150
D. ₦200
Correct Answer
C
Correct Option:
₦150

About This Question

This is Post Utme Pan Atlantic University 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Economics examination.

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