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Question 0

The situation whereby in a fiscal year a government’s revenue receipt are less than its expenditures is referred to as?

  • A.budget deficit
  • B.balance budget
  • C.budget surplus ‘
  • D.budget statement
  • E.unfavourable budget.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1981
Question no.
#0
Type
Objective
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