Post Utme Christopher University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_CHRISTOPHER_UNIVERSITY • 2017 • ECONOMICS • objective

A central bank increases the money supply by buying government bonds from commercial banks. What is the effect on the money supply?

Answer Options

A. Decrease
Correct Answer B. Increase
C. No change
D. Dep\end on the interest rate
Correct Answer
B
Correct Option:
Increase

About This Question

This is Post Utme Christopher University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Christopher University Economics examination.

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