Post Utme Redeemers University 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ECONOMICS • objective

A government budget is given by B = T + I + G, where B is budget, T is tax revenue, I is interest payment, and G is government exp\enditure. If the government increases tax revenue by 10% and interest payment by 5%, and government exp\enditure by 8%, what is the percentage change in the budget?

Answer Options

A. 7%
Correct Answer B. 8%
C. 9%
D. 10%
Correct Answer
B
Correct Option:
8%

About This Question

This is Post Utme Redeemers University 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.

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