s s 2 3rd term - Economics
Authored by kehinde Oyeyemi
Other
11th Grade
Used 1+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the financial statement of the total estimated government revenue and expenditure within a given year is referred to as
budget
inflation
bank statement
plan
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the budget size of Nigeria for the year 2022 was
N62.5 trillion
N7 billion
$40 billion
N100 million
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A complusory levy imposed by government on individuals and companies is called
tax
Budget
fees
finem
4.
FILL IN THE BLANK QUESTION
1 min • 5 pts
PAYE stands for
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
one of the following is not a principle of a good tax system
complexity
simple
fair
timely
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the aspect of economics that deals with government revenue and expenditure
public finance
private finance
budget
national income
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the use of government income and expenditure as an instrument for regulating economic activities is referred to as
fiscal policy
general policy
elasticity
inflation policy
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