Post Utme Babcock University 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

The Nigerian government has implemented a policy to reduce inflation by increa\sing interest rates. However, this policy has also led to a decrease in aggregate demand, resulting in a recession. Which of the following is a potential consequence of this policy?

Answer Options

Correct Answer A. Increased unemployment
B. Reduced inflation
C. Increased government revenue
D. Improved economic growth
Correct Answer
A
Correct Option:
Increased unemployment

About This Question

This is Post Utme Babcock University 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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