Post Utme Eksu 2023 Economics Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Eksu Economics examination.

Post Utme Eksu 2023 Economics Objective / Multiple Choice

Question 2 POST_UTME_EKSU • 2023 • ECONOMICS • objective

A central bank uses open market operations to increase the money supply. Which of the following would be a consequence of this action?

Correct Answer A. A decrease in the interest rate

B. An increase in the interest rate

C. A decrease in the money supply

D. No change in the interest rate

Correct Answer

Correct Option:

A decrease in the interest rate

This is Post Utme Eksu 2023 Economics Question 2. It is one of the objective questions from the 2023 Post Utme Eksu Economics examination.

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