Post Utme Veritas University 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_VERITAS_UNIVERSITY • 2017 • ECONOMICS • objective

A government's budget is given by the following equation: G = T + I. If the government's tax revenue is ₦500 billion, its current exp\enditure is ₦300 billion, and its capital exp\enditure is ₦200 billion, what is the value of G?

Answer Options

A. ₦900 billion
Correct Answer B. ₦1000 billion
C. ₦1100 billion
D. ₦1200 billion
Correct Answer
B
Correct Option:
₦1000 billion

About This Question

This is Post Utme Veritas University 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Veritas University Economics examination.

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