Post Utme Caleb University 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2020 Economics Objective / Multiple Choice
Question 8 POST_UTME_CALEB_UNIVERSITY • 2020 • 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. Indeterminate
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Caleb University 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Caleb University Economics examination.

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