AdmitMe
Economics · Public finance

EconomicsPublic financeJAMB

A budget deficit occurs when

Show answer

Answer: D. government expenditure exceeds government revenue

The government spends more than it earns and must borrow to fill the gap.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Public financeA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Public finance questions