Post Utme Bowen University 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2019 • ECONOMICS • objective

A country is experiencing a recession due to a decrease in aggregate demand. U\sing the concept of macroeconomic variables, explain why the country is experiencing a recession.

Answer Options

A. The country is experiencing a recession because the value of aggregate demand is greater than the value of aggregate supply.
Correct Answer B. The country is experiencing a recession because the value of aggregate demand is less than the value of aggregate supply.
C. The country is experiencing a recession because the value of aggregate demand is equal to the value of aggregate supply.
D. The country is experiencing a recession because the value of aggregate demand is not equal to the value of aggregate supply.
Correct Answer
B
Correct Option:
The country is experiencing a recession because the value of aggregate demand is less than the value of aggregate supply.

About This Question

This is Post Utme Bowen University 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Bowen University Economics examination.

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