Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. OAU
  4. /
  5. Economics
  6. /
  7. 2008/2009
  8. /
  9. Q20
Question 20

The situation in which the total amount of government spending exceeds total revenues is called a:

  • A.balanced budget
  • B.budget surplus
  • C.budget deficit
  • D.fiscal surplus
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2008/2009
Question no.
#20
Type
Objective
Previous · Q19A production possibility curve shows Next · Q21 The maximization of profit tends to be the driving force in the economic…

More from this paper

  • Q14In a sole proprietorship, the decisions are made by the
  • Q15Which of the following are direct taxes?
  • Q17A producer sustains a loss in the short run if
  • Q18Money market differs from capital market in that it.
  • Q22Which of the following equations is the correct one about Net National Product…
  • Q23Middlemen in an economy perform the function of
See all Economics 2008/2009 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy