Post Utme Afe Babalola University 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2024 Economics Objective / Multiple Choice
Question 18 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

The government of a country is considering a policy to reduce the level of unemployment. The policy involves the creation of new jobs in the public sector. If the government wants to create 1000 new jobs, and the average wage of a public sector employee is 50,000, what will be the total \cost of the policy?

Answer Options

Correct Answer A. ₦50,000,000
B. ₦50,000,000,000
C. ₦5,000,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦50,000,000

About This Question

This is Post Utme Afe Babalola University 2024 Economics Question 18. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Economics examination.

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