Post Utme Ui 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Ui Economics examination.

Post Utme Ui 2018 Economics Objective / Multiple Choice
Question 7 POST_UTME_UI • 2018 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by the lack of access to credit by small-scale farmers. What is the likely effect of a government policy to provide credit to these farmers?

Answer Options

Correct Answer A. The supply of agricultural products will increase.
B. The demand for agricultural products will increase.
C. The price of agricultural products will decrease.
D. The supply of agricultural products will decrease.
Correct Answer
A
Correct Option:
The supply of agricultural products will increase.

About This Question

This is Post Utme Ui 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Ui Economics examination.

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