Post Utme Lasu 2020 General Studies Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Lasu General Studies examination.

Post Utme Lasu 2020 General Studies Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2020 • GENERAL STUDIES • objective

A researcher is studying the relationship between GDP and inflation in Nigeria. Which of the following is a likely consequence of a decrease in GDP?

Answer Options

Correct Answer A. Increased inflation due to reduced demand
B. Decreased inflation due to reduced production costs
C. No significant impact on inflation
D. Increased inflation due to reduced supply
Correct Answer
A
Correct Option:
Increased inflation due to reduced demand

About This Question

This is Post Utme Lasu 2020 General Studies Question 14. It is one of the objective questions from the 2020 Post Utme Lasu General Studies examination.

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