Which of the Following Statements About Events During the Fourth

question 10

Multiple Choice

Which of the following statements about events during the Fourth Republic is TRUE?

• A) Its first president, Olusegun Obasjano, undertook a number of steps towards democratization, such as retiring military officers who held power under military governments, while he simultaneously sought to use nondemocratic means to sustain his stay in power.
• B) Its first president, Olusegun Obasjano, promised an anticorruption campaign but failed to deliver on this.
• C) Its second president, Umaru Musa Yar'Adua, was largely ineffective due to failing health and political challenges.
• D) The military has not intervened in politics but has threatened to do so.
• E) All of the above statements are true.

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Definitions:

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way.

Quantity Theory of Money

A theory stating that the general price level of goods and services is directly proportional to the amount of money in circulation.

M Rises

Refers to an increase in a variable or quantity denoted as "M," which could contextually mean a variety of things depending on the field of study.

Recession

A temporary phase of economic downturn characterized by a decrease in commerce and industrial production, typically recognized by a drop in Gross Domestic Product (GDP) for two consecutive quarters.