Post Utme Lasu 2024 Economics Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice

Question 30 POST_UTME_LASU • 2024 • ECONOMICS • objective

A government is considering implementing a new policy to reduce poverty in a developing country. What will be the effect of this policy on the country's GDP?

Correct Answer A. The GDP will increase due to increased economic growth.

B. The GDP will decrease due to reduced economic growth.

C. The GDP will remain unchanged.

D. The GDP will increase due to increased economic growth in the short run but decrease in the long run.

Correct Answer

Correct Option:

The GDP will increase due to increased economic growth.

This is Post Utme Lasu 2024 Economics Question 30. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

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