JAMB Economics 2016 Objective — Question 5
Question 5 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2016 Objective paper, with the correct answer and a full explanation.
Advertisement
Which of the following budgets will increase government expenditure?
- A. Zero base budget
- B. Surplus budget
- C. Deficit budgetCorrect
- D. Balanced budget
Explanation
A deficit budget (spending more than revenue) is used to increase aggregate expenditure in the economy.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.