Post Utme Rhema University 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2020 • 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's current tax revenue is ₦1000 and its current exp\enditure is ₦1500, what is the government's current budget?

Answer Options

Correct Answer A. ₦2500
B. ₦2000
C. ₦1500
D. ₦1000
Correct Answer
A
Correct Option:
₦2500

About This Question

This is Post Utme Rhema University 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.

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