Post Utme Abu 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Abu Economics examination.

Post Utme Abu 2023 Economics Objective / Multiple Choice
Question 10 POST_UTME_ABU • 2023 • ECONOMICS • objective

A central bank increases the money supply in an economy by 10%. What is the likely effect on the price level?

Answer Options

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

About This Question

This is Post Utme Abu 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Abu Economics examination.

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