Post Utme Redeemers University 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2025 Economics Objective / Multiple Choice
Question 5 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ECONOMICS • objective

A government's budget is given by B = T + I. If the government's tax revenue is ₦50 billion and its exp\enditure on interest is ₦20 billion, what is the government's budget deficit?

Answer Options

A. ₦30 billion
Correct Answer B. ₦40 billion
C. ₦50 billion
D. ₦60 billion
Correct Answer
B
Correct Option:
₦40 billion

About This Question

This is Post Utme Redeemers University 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.

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