Post Utme Christopher University 2017 Economics Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2017 Economics Objective / Multiple Choice
Question 27 POST_UTME_CHRISTOPHER_UNIVERSITY • 2017 • ECONOMICS • objective

A central bank reduces the reserve requirement for 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 27. It is one of the objective questions from the 2017 Post Utme Christopher University Economics examination.

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