Post Utme Elizade University 2023 Economics Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice

Question 20 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

The National Bureau of Statistics (NBS) has reported that the Gross Domestic Product (GDP) of Nigeria has increased by 3% in the last quarter. What does this mean for the economy?

Answer Options

Correct Answer A. The economy is growing

B. The economy is stagnant

C. The economy is contracting

D. The economy is experiencing inflation

Correct Answer

Correct Option:

The economy is growing

About This Question

This is Post Utme Elizade University 2023 Economics Question 20. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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