Post Utme Redeemers University 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • ECONOMICS • objective

The government of Nigeria has introduced a new budget policy aimed at increa\sing exp\enditure on infrastructure development. The policy involves an increase in government sp\ending on infrastructure from ₦100 billion to ₦150 billion. U\sing the concept of fiscal policy, determine the likely effect of this policy on the overall level of economic activity in Nigeria.

Answer Options

Correct Answer A. The overall level of economic activity will increase
B. The overall level of economic activity will decrease
C. The overall level of economic activity will remain unchanged
D. The overall level of economic activity will increase by 10%
Correct Answer
A
Correct Option:
The overall level of economic activity will increase

About This Question

This is Post Utme Redeemers University 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Redeemers University 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