Post Utme Delsu 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 15 POST_UTME_DELSU • 2023 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing industrial production. The policy includes the provision of loans to industries at a subsidized rate. If the government sp\ends ₦500,000 on loans and the price of loans is reduced by 30%, what is the percentage increase in industrial production?

Answer Options

A. 15%
B. 20%
Correct Answer C. 25%
D. 30%
Correct Answer
C
Correct Option:
25%

About This Question

This is Post Utme Delsu 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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