Post Utme Crawford University 2019 Economics Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2019 Economics Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ECONOMICS • objective

Suppose the money supply in Nigeria increases by 10%. What will happen to the general price level?

Answer Options

Correct Answer A. Increase in general price level
B. Decrease in general price level
C. No change in general price level
D. Increase in interest rate
Correct Answer
A
Correct Option:
Increase in general price level

About This Question

This is Post Utme Crawford University 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Crawford University Economics examination.

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