Post Utme Bowen University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice

Question 24 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A country is experiencing a recession, and the government has implemented a fiscal policy to stimulate economic growth. If the government increases its sp\ending by ₦10 billion, what will happen to the aggregate demand?

Answer Options

A. The aggregate demand will decrease.

Correct Answer B. The aggregate demand will increase.

C. The aggregate demand will remain the same.

D. The aggregate demand will increase in the short run but decrease in the long run.

Correct Answer

Correct Option:

The aggregate demand will increase.

About This Question

This is Post Utme Bowen University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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