Utme 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Utme Economics examination. This question covers Economic Systems .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economic Systems
Question 10 UTME • 2017 • ECONOMICS • objective

An economic system in which the producer and the consumer are the same is referred to as

Answer Options

Correct Answer A. Subsistence economy
B. Socialist economy
C. Mixed economy
D. Capitalist economy
Correct Answer
A
Correct Option:
Subsistence economy

About This Question

This is Utme 2017 Economics Question 10. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Economic Systems .

Difficulty level: 2 .

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