Post Utme Christopher University 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) to 14% in an effort to control inflation. However, this has led to a decrease in consumer sp\ending. What is the likely effect of this policy on the country's economic growth?

Answer Options

A. An improvement in economic growth
Correct Answer B. A worsening of economic growth
C. No change in economic growth
D. A decrease in inflation
Correct Answer
B
Correct Option:
A worsening of economic growth

About This Question

This is Post Utme Christopher University 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

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