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NECO Mathematics 2007 Theory — Question 49

Question 49 of 50 from the National Examinations Council (NECO) Mathematics 2007 Theory paper, with the correct answer and a full explanation.

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Deregulation as an economic policy borders on

  • A. the removal of subsidies on public utilities
  • B. the removal of restrictions and extension of competitionCorrect
  • C. privatization
  • D. commercialization

Explanation

Deregulation, as an economic policy, refers to the removal of restrictions and the extension of market competition.

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