Post Utme Bsu 2017 Economics Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Bsu Economics examination.

Post Utme Bsu 2017 Economics Objective / Multiple Choice
Question 8 POST_UTME_BSU • 2017 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the effect 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 Bsu 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Bsu Economics examination.

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