Post Utme Uniben 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice

Question 5 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

The Nigerian government has implemented a policy to increase the production of textiles in the country. What is the likely effect of this policy on the unemployment rate?

Answer Options

A. The unemployment rate will increase.

Correct Answer B. The unemployment rate will decrease.

C. The unemployment rate will remain the same.

D. The unemployment rate will fluctuate.

Correct Answer

Correct Option:

The unemployment rate will decrease.

About This Question

This is Post Utme Uniben 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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