Post Utme Uniosun 2019 Economics Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2019 Economics Objective / Multiple Choice
Question 28 POST_UTME_UNIOSUN • 2019 • ECONOMICS • objective

A government's budget is given by the following equation: \( Budget = \( T + P \ \) - \( G + I \) ). If the government's tax revenue is ₦500 billion, public exp\enditure is ₦600 billion, government sp\ending is ₦200 billion, and domestic investment is ₦300 billion, what is the government's budget?

Answer Options

Correct Answer A. ₦-100 billion
B. ₦100 billion
C. ₦200 billion
D. ₦500 billion
Correct Answer
A
Correct Option:
₦-100 billion

About This Question

This is Post Utme Uniosun 2019 Economics Question 28. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support