Post Utme Coal City University 2019 Economics Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice
Question 26 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses monetary policy to control inflation. Which of the following is a consequence of a decrease in the money supply?

Answer Options

A. Increase in interest rates
Correct Answer B. Decrease in inflation rate
C. Increase in unemployment rate
D. Decrease in money supply
Correct Answer
B
Correct Option:
Decrease in inflation rate

About This Question

This is Post Utme Coal City University 2019 Economics Question 26. It is one of the objective questions from the 2019 Post Utme Coal City University Economics examination.

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