Post Utme Afe Babalola University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Afe Babalola University 2020 Economics Question 10. It is one of the objective questions from the 2020 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