Post Utme Afe Babalola University 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2019 • ECONOMICS • objective

A central bank uses the following monetary policy tools: open market operations, reserve requirements, and discount rate. Which tool is most effective in reducing inflation?

Answer Options

A. Open market operations
B. Reserve requirements
Correct Answer C. Discount rate
D. All of the above
Correct Answer
C
Correct Option:
Discount rate

About This Question

This is Post Utme Afe Babalola University 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Economics examination.

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