Post Utme Achievers University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_ACHIEVERS_UNIVERSITY • 2022 • ECONOMICS • objective

A government is considering implementing a policy to reduce unemployment. The policy involves increa\sing the minimum wage. Which of the following is a likely effect of this policy?

Answer Options

A. Increase in employment
Correct Answer B. Decrease in employment
C. Increase in inflation
D. Decrease in inflation
Correct Answer
B
Correct Option:
Decrease in employment

About This Question

This is Post Utme Achievers University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Achievers University Economics examination.

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