Post Utme Caleb University 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_CALEB_UNIVERSITY • 2019 • ECONOMICS • objective

The government of a country is considering a policy to reduce poverty. The policy involves providing a subsidy to a certain group of people. If the subsidy is ₦10,000 per person and the number of people in the group is 10,000, what is the total \cost of the policy?

Answer Options

Correct Answer A. ₦100,000,000
B. ₦50,000,000
C. ₦20,000,000
D. ₦10,000,000
Correct Answer
A
Correct Option:
₦100,000,000

About This Question

This is Post Utme Caleb University 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Caleb University Economics examination.

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