Post Utme Rsu 2018 Economics Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 1 POST_UTME_RSU • 2018 • ECONOMICS • objective

An economy is said to be in a state of stagflation when it experiences both high inflation and high unemployment. Which of the following is a characteristic of stagflation?

Answer Options

A. A decrease in the money supply
B. A decrease in aggregate demand
C. A decrease in the price level
Correct Answer D. An increase in the money supply
Correct Answer
D
Correct Option:
An increase in the money supply

About This Question

This is Post Utme Rsu 2018 Economics Question 1. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

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