Post Utme Redeemers University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ECONOMICS • objective

The Nigerian economy is experiencing a recession, with a decline in the production of goods and services. The government has implemented a policy to stimulate economic growth by increa\sing government sp\ending. However, the policy has led to an increase in the budget deficit. What is the opportunity \cost of the government's policy?

Answer Options

Correct Answer A. The increase in the budget deficit
B. The decrease in government sp\ending
C. The decrease in economic growth
D. The increase in economic growth
Correct Answer
A
Correct Option:
The increase in the budget deficit

About This Question

This is Post Utme Redeemers University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Redeemers University Economics examination.

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