In Nigeria, the huge public debt is as a result of

a

balanced budgeting

b

deficit budgeting

c

surplus budgeting

d

zero budgeting

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Correct Option
b

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Discussions (6)

Titilayo3491
9 years ago

can someone explain dis pls

OnyedikaVictor
9 years ago

Yeah. Pumping money into the economy is going to increase expenditure and revenue, and labour will respond if there is an increase in possible revenue(wages).

Titilayo3491
9 years ago

pls ooo myschool explain Jamb iz around d corner

OnyedikaVictor
9 years ago

That is B. So you correct a deficit budget by financing it and it's done by the cental bank.

Titilayo3491
9 years ago

xo wat's d ans nw

How Is Helping The Citizen A Deficit Budget,my school pls explain

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