Post Utme Ui 2023 Economics Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Ui Economics examination.

Post Utme Ui 2023 Economics Objective / Multiple Choice
Question 40 POST_UTME_UI • 2023 • ECONOMICS • objective

A country's government budget is given by B = T + G, where T is tax revenue and G is government sp\ending. If T = $50 billion and G = $30 billion, what is the budget balance?

Answer Options

A. $20 billion
Correct Answer B. $30 billion
C. $40 billion
D. $50 billion
Correct Answer
B
Correct Option:
$30 billion

About This Question

This is Post Utme Ui 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Ui Economics examination.

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