Post Utme Crawford University 2020 Economics Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2020 Economics Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ECONOMICS • objective

A central bank increases the money supply by 10%. What is the effect on the price level?

Answer Options

Correct Answer A. Price level increases by 10%
B. Price level decreases by 10%
C. Price level remains unchanged
D. Price level increases by 20%
Correct Answer
A
Correct Option:
Price level increases by 10%

About This Question

This is Post Utme Crawford University 2020 Economics Question 15. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.

View More Post Utme Crawford University 2020 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