Post Utme Elizade University 2021 Economics Question 21
Practice objective / multiple choice question 21 from the 2021 Post Utme Elizade University Economics examination.
The government of a country decides to implement a policy to reduce the budget deficit by increa\sing taxes on luxury goods. However, this policy may have an adverse effect on the economy as it may lead to a decrease in consumer sp\ending and subsequently a decrease in aggregate demand. Which of the following is a potential consequence of this policy?
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About This Question
This is Post Utme Elizade University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.
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