Post Utme Lasu 2024 Economics Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 10 POST_UTME_LASU • 2024 • ECONOMICS • objective

A government decides to implement a policy to reduce unemployment. The policy involves increa\sing government sp\ending and cutting taxes. U\sing the concept of fiscal policy, explain how this policy will affect the economy.

Answer Options

Correct Answer A. The policy will increase aggregate demand and reduce unemployment.
B. The policy will decrease aggregate demand and increase unemployment.
C. The policy will have no effect on aggregate demand and unemployment.
D. The policy will increase aggregate demand but increase unemployment.
Correct Answer
A
Correct Option:
The policy will increase aggregate demand and reduce unemployment.

About This Question

This is Post Utme Lasu 2024 Economics Question 10. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

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