Post Utme Uniosun 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

A government's budget is given by B = T + H - G, where B is the budget surplus, T is the tax revenue, H is the non-tax revenue, and G is the government exp\enditure. If the government's tax revenue is ₦500 billion, non-tax revenue is ₦200 billion, and government exp\enditure is ₦700 billion, calculate the government's budget surplus.

Answer Options

A. ₦100 billion
Correct Answer B. ₦200 billion
C. ₦300 billion
D. ₦400 billion
Correct Answer
B
Correct Option:
₦200 billion

About This Question

This is Post Utme Uniosun 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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