Post Utme Achievers University 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ECONOMICS • objective

A country is experiencing a recession due to a decrease in aggregate demand. What will happen to the price level in the short run?

Answer Options

A. The price level will increase
Correct Answer B. The price level will decrease
C. The price level will remain unchanged
D. The price level will fluctuate
Correct Answer
B
Correct Option:
The price level will decrease

About This Question

This is Post Utme Achievers University 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Achievers University Economics examination.

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