Post Utme Babcock University 2024 Commerce Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice
Question 18 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader's business is affected by changes in the economy. Which of the following is a likely consequence of a recession?

Answer Options

A. Increased demand for goods and services
B. Reduced competition
Correct Answer C. Decreased consumer spending
D. Increased government spending
Correct Answer
C
Correct Option:
Decreased consumer spending

About This Question

This is Post Utme Babcock University 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.

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