NABTEB Economics 2022 Objective — Question 26

Question 26 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2022 Objective paper, with the correct answer and a full explanation.

A positive effect of a rapid population increase is

A. an excessive budget deficit
B. a reduction in standard of living
C. a wider market of goods and servicesCorrect
D. a higher dependency ratio

Explanation

A rapid population increase results in market enlargement, since higher population implies higher demand for goods and services.

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