Post Utme Bowen University 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 14 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. Which of the following instruments would be most effective in achieving this goal?

Answer Options

A. Increa\sing the reserve requirement
B. Increa\sing the discount rate
C. Open market sales
Correct Answer D. Reducing the money supply
Correct Answer
D
Correct Option:
Reducing the money supply

About This Question

This is Post Utme Bowen University 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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