Post Utme Ksu 2025 Economics Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2025 • ECONOMICS • objective

The Nigerian government has implemented a policy to increase the production of rice in the country. If the government sp\ends ₦10 billion on subsidies for rice farmers and the price of rice increases by 20% due to the subsidies, what is the change in the Consumer Price Index (CPI) for rice?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Ksu 2025 Economics Question 35. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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