Post Utme Aaua 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_AAUA • 2021 • 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 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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