Post Utme Aaua 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A central bank implements a monetary policy of increa\sing the money supply by 10%. What is the expected effect on the price level?

Answer Options

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

About This Question

This is Post Utme Aaua 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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