Post Utme Caleb University 2022 Economics Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2022 Economics Objective / Multiple Choice
Question 2 POST_UTME_CALEB_UNIVERSITY • 2022 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the likely 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 Caleb University 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Caleb University Economics examination.

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