Post Utme Unilorin 2020 Economics Question 44

Practice objective / multiple choice question 44 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 44 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A government budget shows a deficit of $10 billion. What is the likely effect on the interest rate?

Answer Options

Correct Answer A. Increase
B. Decrease
C. No change
D. Uncertain
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Unilorin 2020 Economics Question 44. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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