Post Utme Aaua 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Aaua Economics examination.

Post Utme Aaua 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_AAUA • 2019 • ECONOMICS • objective

A central bank implements a monetary policy to reduce inflation. What will be the effect on the interest rate?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Unpredictable
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Aaua 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.

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