Post Utme Bells University 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Bells University Economics examination.

Post Utme Bells University 2019 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2019 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) has implemented a policy to reduce inflation by increa\sing the reserve requirements of commercial banks. What is the likely effect of this policy on the money supply?

Answer Options

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

About This Question

This is Post Utme Bells University 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Bells University Economics examination.

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