Post Utme Bells University 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Bells University Economics examination.

Post Utme Bells University 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_BELLS_UNIVERSITY • 2019 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice in the country. What is the likely effect of this policy on the price of rice?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Bells University 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Bells University Economics examination.

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