Post Utme Veritas University 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_VERITAS_UNIVERSITY • 2022 • ECONOMICS • objective

The government of Nigeria uses a fiscal policy instrument to control the budget deficit in the economy. The instrument is given by the equation B = 1000T, where B is the budget deficit and T is the tax revenue. If the tax revenue is ₦1000, find the budget deficit.

Answer Options

Correct Answer A. ₦1000000
B. ₦2000000
C. ₦3000000
D. ₦4000000
Correct Answer
A
Correct Option:
₦1000000

About This Question

This is Post Utme Veritas University 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Veritas University Economics examination.

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