Post Utme Futo 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Futo Economics examination.

Post Utme Futo 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_FUTO • 2021 • ECONOMICS • objective

A government wants to implement a policy to reduce poverty in a country. The government has a budget of ₦100 billion to sp\end on poverty reduction programs. If the government wants to allocate the budget in a way that maximizes the number of people lifted out of poverty, what is the optimal allocation?

Answer Options

A. ₦50 billion to education and ₦50 billion to healthcare
Correct Answer B. ₦30 billion to education and ₦70 billion to healthcare
C. ₦20 billion to education and ₦80 billion to healthcare
D. ₦10 billion to education and ₦90 billion to healthcare
Correct Answer
B
Correct Option:
₦30 billion to education and ₦70 billion to healthcare

About This Question

This is Post Utme Futo 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.

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