Post Utme Elizade University 2019 Commerce Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice
Question 22 POST_UTME_ELIZADE_UNIVERSITY • 2019 • COMMERCE • objective

A financial institution's ability to create new money through the extension of credit is known as the _______ multiplier.

Answer Options

Correct Answer A. Money Multiplier
B. Credit Multiplier
C. Deposit Multiplier
D. Loan Multiplier
Correct Answer
A
Correct Option:
Money Multiplier

About This Question

This is Post Utme Elizade University 2019 Commerce Question 22. It is one of the objective questions from the 2019 Post Utme Elizade University Commerce examination.

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