Post Utme Crawford University 2020 Economics Question 33
Practice objective / multiple choice question 33 from the 2020 Post Utme Crawford University Economics examination.
The central bank of a country has a monetary policy objective of keeping the inflation rate at 2%. If the current inflation rate is 4% and the money supply is increa\sing at a rate of 10% per annum, what should be the target interest rate to achieve the desired inflation rate?
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About This Question
This is Post Utme Crawford University 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.
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