Post Utme Unilag 2019 Economics Question 21

Practice objective / multiple choice question 21 from the 2019 Post Utme Unilag Economics examination.

Post Utme Unilag 2019 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNILAG • 2019 • ECONOMICS • objective

The government of a country decides to implement a policy to reduce the budget deficit. The policy involves reducing government exp\enditure by 10% and increa\sing taxes by 5%. If the initial budget deficit is ₦100 billion, what will be the new budget deficit after the implementation of the policy?

Answer Options

A. ₦90 billion
Correct Answer B. ₦95 billion
C. ₦105 billion
D. ₦110 billion
Correct Answer
B
Correct Option:
₦95 billion

About This Question

This is Post Utme Unilag 2019 Economics Question 21. It is one of the objective questions from the 2019 Post Utme Unilag Economics examination.

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