Post Utme Ui 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Ui Economics examination.

Post Utme Ui 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_UI • 2024 • ECONOMICS • objective

A government's budget is given by the following equation: B = T + I + G, where B is the budget, T is the tax revenue, I is the interest payment, and G is the government exp\enditure. If the tax revenue is ₦50 billion, the interest payment is ₦20 billion, and the government exp\enditure is ₦30 billion, calculate the budget.

Answer Options

A. ₦50 billion
B. ₦60 billion
Correct Answer C. ₦70 billion
D. ₦80 billion
Correct Answer
C
Correct Option:
₦70 billion

About This Question

This is Post Utme Ui 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Ui Economics examination.

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