Post Utme Ui 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Ui Economics examination.

Post Utme Ui 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_UI • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing agricultural production. The policy includes the provision of subsidies to farmers and the establishment of new agricultural markets. Evaluate the impact of this policy on the agricultural sector.

Answer Options

A. The policy will lead to an increase in agricultural production, resulting in food shortages and increased prices.
B. The policy will lead to a decrease in agricultural production, resulting in food shortages and increased prices.
C. The policy will have no impact on agricultural production.
Correct Answer D. The policy will lead to an increase in agricultural production, resulting in a surplus of food and decreased prices.
Correct Answer
D
Correct Option:
The policy will lead to an increase in agricultural production, resulting in a surplus of food and decreased prices.

About This Question

This is Post Utme Ui 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Ui Economics examination.

View More Post Utme Ui 2022 Economics Questions More Post Utme Ui Practice Questions Back to Questions

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