Post Utme Crawford University 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice

Question 8 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What will be the effect on the money supply?

Answer Options

A. The money supply will increase.

Correct Answer B. The money supply will decrease.

C. The money supply will remain unchanged.

D. The money supply will increase in the short run but decrease in the long run.

Correct Answer

Correct Option:

The money supply will decrease.

About This Question

This is Post Utme Crawford University 2018 Economics Question 8. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

View More Post Utme Crawford University 2018 Economics Questions More Post Utme Crawford University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support