Post Utme Delsu 2017 Economics Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 30 POST_UTME_DELSU • 2017 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) implemented a monetary policy to reduce inflation. What is the likely effect of this policy 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 fluctuate.
Correct Answer
B
Correct Option:
The money supply will decrease.

About This Question

This is Post Utme Delsu 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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