Post Utme Aaua 2019 Economics Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Aaua Economics examination.

Post Utme Aaua 2019 Economics Objective / Multiple Choice
Question 37 POST_UTME_AAUA • 2019 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the likely effect on the money supply?

Answer Options

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

About This Question

This is Post Utme Aaua 2019 Economics Question 37. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.

View More Post Utme Aaua 2019 Economics Questions More Post Utme Aaua Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support