Post Utme Bsu 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Bsu Economics examination.

Post Utme Bsu 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_BSU • 2018 • ECONOMICS • objective

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

Answer Options

A. The money supply will increase.
Correct Answer B. The money supply will decrease.
C. The money supply will remain unchanged.
D. The money supply will be unaffected.
Correct Answer
B
Correct Option:
The money supply will decrease.

About This Question

This is Post Utme Bsu 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Bsu Economics examination.

View More Post Utme Bsu 2018 Economics Questions More Post Utme Bsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support