Post Utme Ksu 2021 Economics Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 1 POST_UTME_KSU • 2021 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to promote agricultural development in the country. The policy includes providing subsidies to farmers, improving irrigation systems, and increa\sing access to credit. However, the policy also includes a provision to impose a tax on agricultural products. Which of the following is a potential consequence of this policy?

Answer Options

Correct Answer A. Increased production \costs for farmers
B. Decreased demand for agricultural products
C. Increased government revenue
D. Improved food security
Correct Answer
A
Correct Option:
Increased production \costs for farmers

About This Question

This is Post Utme Ksu 2021 Economics Question 1. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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