Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 1997
  8. /
  9. Q18
Question 18

The situation whereby government revenue is less than government expenditure is referred to as

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

Question details

Exam body
WAEC
Subject
Economics
Year
1997
Question no.
#18
Type
Objective
Previous · Q17a stock exchange is a market that Next · Q19 which of the following will not increase the population of a country?

More from this paper

  • Q14In the long-run, potential GNP is variable because. I technological change takes…
  • Q15for two commodities A and B, MA and MB are the respective marginal utilities…
  • Q16If the price of product K declines , the demand curve for the complementary…
  • Q20the actual output of an economy is the output
  • Q21one of the instruments of protection of infants industries is the
  • Q22inflation caused by increase in demand can be curbed by
See all Economics 1997 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