Post Utme Redeemers University 2023 Economics Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice
Question 20 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

A government's budget is given by the equation B = T + G. If the government's tax revenue is $50 billion and its government exp\enditure is $60 billion, what is the budget deficit?

Answer Options

A. $10 billion
B. $20 billion
Correct Answer C. $30 billion
D. $40 billion
Correct Answer
C
Correct Option:
$30 billion

About This Question

This is Post Utme Redeemers University 2023 Economics Question 20. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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