Post Utme Caleb University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is increa\sing, but its GNP is decrea\sing. What can be concluded about the country's economy?

Answer Options

Correct Answer A. The country is experiencing a recession
B. The country is experiencing a depression
C. The country is experiencing a period of high inflation
D. The country is experiencing a period of low inflation
Correct Answer
A
Correct Option:
The country is experiencing a recession

About This Question

This is Post Utme Caleb University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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