Post Utme Summit University 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Summit University Economics examination.

Post Utme Summit University 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_SUMMIT_UNIVERSITY • 2024 • ECONOMICS • objective

A government's budget constraint is given by B = T + I, where B is the budget, T is tax revenue, and I is government sp\ending. If the government's tax revenue is ₦500 and its sp\ending is ₦800, what is the government's budget?

Answer Options

A. ₦1000
Correct Answer B. ₦1200
C. ₦1500
D. ₦1800
Correct Answer
B
Correct Option:
₦1200

About This Question

This is Post Utme Summit University 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Summit University Economics examination.

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