Post Utme Oau 2022 Economics Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 16 POST_UTME_OAU • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to increase the production of rice in the country. The policy includes providing subsidies to farmers, improving irrigation systems, and increa\sing the availability of fertilizers. However, the policy has been criticized for being too expensive and not addres\sing the root causes of the problem. What type of economic policy is this?

Answer Options

Correct Answer A. Supply-side policy
B. Demand-side policy
C. Fiscal policy
D. Monetary policy
Correct Answer
A
Correct Option:
Supply-side policy

About This Question

This is Post Utme Oau 2022 Economics Question 16. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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