Post Utme Futa 2023 Economics Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Futa Economics examination.

Post Utme Futa 2023 Economics Objective / Multiple Choice
Question 37 POST_UTME_FUTA • 2023 • ECONOMICS • objective

A government is considering implementing a policy to reduce poverty in a developing country. The policy involves providing a subsidy to farmers to increase their production of staple crops. U\sing the concept of \cost-benefit analysis, explain why the government might choose to implement this policy.

Answer Options

Correct Answer A. The policy will increase the income of farmers and reduce poverty.
B. The policy will decrease the income of farmers and increase poverty.
C. The policy will have no effect on the income of farmers and poverty.
D. The policy will increase the income of farmers but increase poverty.
Correct Answer
A
Correct Option:
The policy will increase the income of farmers and reduce poverty.

About This Question

This is Post Utme Futa 2023 Economics Question 37. It is one of the objective questions from the 2023 Post Utme Futa Economics examination.

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