Post Utme Redeemers University 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ECONOMICS • objective

A government budget has the following components: Revenue ₦1,000 billion, Exp\enditure ₦1,200 billion, and a Budget Deficit of ₦200 billion. What is the ratio of the Budget Deficit to Revenue?

Answer Options

A. 0.2
Correct Answer B. 0.25
C. 0.3
D. 0.35
Correct Answer
B
Correct Option:
0.25

About This Question

This is Post Utme Redeemers University 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Redeemers University Economics examination.

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