Waec Model Questions Vol1 2018 Government Question 38
Practice objective / multiple choice question 38 from the 2018 Waec Model Questions Vol1 Government examination.
A local government council receives three sources of revenue: property rates, market levy and federal allocation. The council must allocate at least 40% of total revenue to infrastructure, at most 30% to administration, and the remainder to social services. In a given year the council receives \u20a4 12,000,000 from property rates and the market levy is 25% of the property rates revenue. The federal allocation is set so that total revenue equals \u20a4 20,000,000. Originally the council allocated the minimum permissible percentage to infrastructure and the maximum permissible percentage to administration. The council now decides to increase infrastructure spending by \u20a4 1,200,000 while keeping administration spending unchanged. How much must be reduced from social services spending to keep the budget balanced?
Answer Options
About This Question
This is Waec Model Questions Vol1 2018 Government Question 38. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Government examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.