Post Utme Eksu 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Eksu Economics examination.

Post Utme Eksu 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_EKSU • 2022 • ECONOMICS • objective

A central bank increases the reserve requirement from 10% to 15%. What is the effect on the money supply?

Answer Options

Correct Answer A. Increases by 20%
B. Increases by 15%
C. Decreases by 10%
D. Decreases by 20%
Correct Answer
A
Correct Option:
Increases by 20%

About This Question

This is Post Utme Eksu 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Eksu Economics examination.

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