Post Utme Bsu 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 33 POST_UTME_BSU • 2021 • ECONOMICS • objective

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

Answer Options

A. The money supply increases
Correct Answer B. The money supply decreases
C. The money supply remains the same
D. The money supply becomes uncertain
Correct Answer
B
Correct Option:
The money supply decreases

About This Question

This is Post Utme Bsu 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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