Post Utme Abu 2022 Economics Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 10 POST_UTME_ABU • 2022 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What will happen to the money supply?

Answer Options

A. Money supply will increase
Correct Answer B. Money supply will decrease
C. Money supply will remain unchanged
D. Money supply will become infinite
Correct Answer
B
Correct Option:
Money supply will decrease

About This Question

This is Post Utme Abu 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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