Post Utme Afe Babalola University 2018 Economics Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2018 Economics Objective / Multiple Choice
Question 26 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice in the country. The policy includes providing subsidies to farmers, improving irrigation systems, and increa\sing the availability of fertilizers. However, the policy has been criticized for its potential impact on the environment and the displacement of small-scale farmers. What is the likely effect of this policy on the income of small-scale farmers?

Answer Options

A. Increase in income due to increased production
Correct Answer B. Decrease in income due to displacement
C. No effect on income
D. Increase in income due to subsidies
Correct Answer
B
Correct Option:
Decrease in income due to displacement

About This Question

This is Post Utme Afe Babalola University 2018 Economics Question 26. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Economics examination.

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