Post Utme Skyline University 2023 Economics Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2023 Economics Objective / Multiple Choice
Question 17 POST_UTME_SKYLINE_UNIVERSITY • 2023 • ECONOMICS • objective

A government budget is prepared to finance a public project that requires ₦1.5 billion. The government has two sources of revenue: taxes and grants. If the government expects to collect ₦1.2 billion in taxes and ₦0.3 billion in grants, what is the budget deficit?

Answer Options

Correct Answer A. ₦0.3 billion
B. ₦0.5 billion
C. ₦0.7 billion
D. ₦1.0 billion
Correct Answer
A
Correct Option:
₦0.3 billion

About This Question

This is Post Utme Skyline University 2023 Economics Question 17. It is one of the objective questions from the 2023 Post Utme Skyline University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support