Post Utme Madonna University 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_MADONNA_UNIVERSITY • 2021 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice by 20% in the next year. If the current production level is 10 million metric tons, what is the expected increase in the value of rice production?

Answer Options

A. ₦20 billion
B. ₦40 billion
Correct Answer C. ₦60 billion
D. ₦80 billion
Correct Answer
C
Correct Option:
₦60 billion

About This Question

This is Post Utme Madonna University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.

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