Post Utme Greenfield University 2021 Economics Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2021 Economics Objective / Multiple Choice
Question 21 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to increase the production of rice in the country. The policy includes providing subsidies to farmers, improving irrigation systems, and increa\sing the availability of fertilizers. However, the policy has been criticized for being too expensive and not addres\sing the root causes of the problem. Which of the following best describes the type of economic planning involved in this policy?

Answer Options

A. Demand management
Correct Answer B. Supply-side economics
C. Fiscal policy
D. Monetary policy
Correct Answer
B
Correct Option:
Supply-side economics

About This Question

This is Post Utme Greenfield University 2021 Economics Question 21. It is one of the objective questions from the 2021 Post Utme Greenfield University Economics examination.

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