Post Utme Rsu 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_RSU • 2024 • ECONOMICS • objective

Consider a country with a mixed economy, where the government plays a significant role in the economy through public enterprises. If the government decides to privatize some of these enterprises, what would be the likely effect on the overall level of economic activity in the short run?

Answer Options

A. Increase in economic activity due to increased competition and efficiency
Correct Answer B. Decrease in economic activity due to job losses and reduced government sp\ending
C. No significant effect on economic activity
D. Increase in economic activity due to increased government revenue
Correct Answer
B
Correct Option:
Decrease in economic activity due to job losses and reduced government sp\ending

About This Question

This is Post Utme Rsu 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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