Post Utme Coal City University 2018 Economics Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 31 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to increase agricultural production by providing subsidies to farmers. However, the policy has been criticized for being too expensive and inefficient. U\sing the concept of opportunity \cost, explain why the government should reconsider its policy.

Answer Options

Correct Answer A. The policy is too expensive and inefficient.
B. The policy is not aligned with the government's economic goals.
C. The policy is not sustainable in the long run.
D. The policy is not effective in increa\sing agricultural production.
Correct Answer
A
Correct Option:
The policy is too expensive and inefficient.

About This Question

This is Post Utme Coal City University 2018 Economics Question 31. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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