Post Utme Rsu 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_RSU • 2024 • ECONOMICS • objective

A country is experiencing a severe economic downturn, leading to a significant decrease in government revenue. 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 government sp\ending
Correct Answer B. Decrease in economic activity due to reduced government sp\ending
C. No significant effect on economic activity
D. Increase in economic activity due to increased private sector investment
Correct Answer
B
Correct Option:
Decrease in economic activity due to reduced government sp\ending

About This Question

This is Post Utme Rsu 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Rsu 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