Post Utme Unilorin 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A government's budget constraint is the maximum amount of goods and services it can purchase with its available resources. If the government's budget constraint is a horizontal line, what does this imply about the government's budget?

Answer Options

Correct Answer A. The government has a fixed budget.
B. The government has a variable budget.
C. The government has a budget that is increa\sing over time.
D. The government has a budget that is decrea\sing over time.
Correct Answer
A
Correct Option:
The government has a fixed budget.

About This Question

This is Post Utme Unilorin 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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