Post Utme Rsu 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_RSU • 2018 • ECONOMICS • objective

The Nigerian government has introduced a new policy to increase industrial production. The policy involves providing subsidies to industries and investing in infrastructure. However, the policy has been criticized for being too expensive and not addres\sing the root causes of low industrial productivity. Which of the following is a potential consequence of this policy?

Answer Options

A. Increased industrial production and improved economic growth
B. Reduced industrial production and increased unemployment
Correct Answer C. Increased government debt and reduced economic growth
D. Improved living s\tandards and reduced poverty
Correct Answer
C
Correct Option:
Increased government debt and reduced economic growth

About This Question

This is Post Utme Rsu 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

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