Post Utme Ui 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Ui Economics examination.

Post Utme Ui 2018 Economics Objective / Multiple Choice
Question 8 POST_UTME_UI • 2018 • ECONOMICS • objective

The National Bureau of Statistics (NBS) reports that the GDP of Nigeria has increased by 3% in the past year. What is the implication of this growth rate on the s\tandard of living of the average Nigerian?

Answer Options

A. The s\tandard of living will increase.
Correct Answer B. The s\tandard of living will remain unchanged.
C. The s\tandard of living will decrease.
D. The s\tandard of living will be unaffected.
Correct Answer
B
Correct Option:
The s\tandard of living will remain unchanged.

About This Question

This is Post Utme Ui 2018 Economics Question 8. It is one of the objective questions from the 2018 Post Utme Ui Economics examination.

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