Post Utme Mountain Top University 2021 Economics Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 19 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A country is experiencing a recession with a GDP growth rate of -2%. If the government implements a fiscal policy that increases government sp\ending by ₦100 billion, what will be the effect on the GDP growth rate?

Answer Options

A. -1%
B. 0%
Correct Answer C. 1%
D. 2%
Correct Answer
C
Correct Option:
1%

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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