Post Utme Oau 2022 Economics Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 20 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 planning is this?

Answer Options

A. Short-term planning
B. Long-term planning
Correct Answer C. Macro-economic planning
D. Micro-economic planning
Correct Answer
C
Correct Option:
Macro-economic planning

About This Question

This is Post Utme Oau 2022 Economics Question 20. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support