Post Utme Osustech 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Osustech Economics examination.

Post Utme Osustech 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_OSUSTECH • 2018 • ECONOMICS • objective

A government wants to reduce inflation by reducing aggregate demand. If the government reduces government sp\ending by $10 billion and increases taxes by $5 billion, what is the total reduction in aggregate demand?

Answer Options

A. $5 billion
B. $10 billion
Correct Answer C. $15 billion
D. $20 billion
Correct Answer
C
Correct Option:
$15 billion

About This Question

This is Post Utme Osustech 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Osustech Economics examination.

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