Post Utme Uniport 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Uniport Economics examination.

Post Utme Uniport 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective
Post Utme Uniport 2025 Economics Question 20 diagram

A central bank is considering implementing a monetary policy to reduce inflation. The current inflation rate is 5%, and the central bank's target inflation rate is 2%. U\sing the Phillips curve, determine the expected effect of the monetary policy on unemployment.

Answer Options

A. The monetary policy would lead to an increase in unemployment.
Correct Answer B. The monetary policy would lead to a decrease in unemployment.
C. The monetary policy would have no effect on unemployment.
D. The monetary policy would lead to an increase in inflation.
Correct Answer
B
Correct Option:
The monetary policy would lead to a decrease in unemployment.

About This Question

This is Post Utme Uniport 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Uniport Economics examination.

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