Post Utme Babcock University 2022 Economics Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 2 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the likely effect on the money supply?

Answer Options

A. Increases
Correct Answer B. Decreases
C. Remains the same
D. No effect
Correct Answer
B
Correct Option:
Decreases

About This Question

This is Post Utme Babcock University 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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