Post Utme Lautech 2018 Economics Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 38 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by the lack of access to credit facilities. Which of the following is a consequence of this lack of access?

Answer Options

A. Increased production \costs
Correct Answer B. Reduced investment in agriculture
C. Increased food prices
D. No impact on agricultural development
Correct Answer
B
Correct Option:
Reduced investment in agriculture

About This Question

This is Post Utme Lautech 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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