Post Utme Ui 2025 Economics Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Ui Economics examination.

Post Utme Ui 2025 Economics Objective / Multiple Choice

Question 22 POST_UTME_UI • 2025 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at reducing inflation. The policy includes a reduction in the money supply and an increase in interest rates. U\sing the concept of the Phillips curve, explain why the government's policy may be effective in reducing inflation.

A. The government's policy will lead to a decrease in the inflation rate, as the Phillips curve shifts to the left.

B. The government's policy will lead to an increase in the inflation rate, as the Phillips curve shifts to the right.

C. The government's policy will have no impact on the inflation rate.

D. The government's policy will lead to a decrease in the unemployment rate, as the Phillips curve shifts to the left.

Correct Answer

N/A

This is Post Utme Ui 2025 Economics Question 22. It is one of the objective questions from the 2025 Post Utme Ui Economics examination.

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