Post Utme Babcock University 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses monetary policy tools to control inflation. Which of the following tools is most effective in reducing inflation in the short run?

Answer Options

A. Increase the reserve requirement
Correct Answer B. Decrease the discount rate
C. Increase the money supply
D. Implement price controls
Correct Answer
B
Correct Option:
Decrease the discount rate

About This Question

This is Post Utme Babcock University 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.

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