Post Utme Unilag 2022 Economics Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice
Question 7 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A government budget is given by the equation B = T + I + G, where B is the budget, T is tax revenue, I is interest payments, and G is government sp\ending. If the government budget is ₦1.5 trillion, tax revenue is ₦500 billion, interest payments are ₦200 billion, and government sp\ending is ₦800 billion, calculate the value of B.

Answer Options

Correct Answer A. ₦1.5 trillion
B. ₦1.7 trillion
C. ₦1.9 trillion
D. ₦2.1 trillion
Correct Answer
A
Correct Option:
₦1.5 trillion

About This Question

This is Post Utme Unilag 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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