Post Utme Noun 2017 Economics Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Noun Economics examination.

Post Utme Noun 2017 Economics Objective / Multiple Choice
Question 21 POST_UTME_NOUN • 2017 • ECONOMICS • objective

An economy is characterized by a high level of income inequality and a large informal sector. Which of the following is a likely consequence of this economic structure?

Answer Options

A. Increased economic growth
B. Higher savings rate
C. Reduced poverty
Correct Answer D. Increased income inequality
Correct Answer
D
Correct Option:
Increased income inequality

About This Question

This is Post Utme Noun 2017 Economics Question 21. It is one of the objective questions from the 2017 Post Utme Noun Economics examination.

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