Post Utme Elizade University 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses monetary policy to control inflation. Which of the following instruments is most effective in reducing inflation?

Answer Options

A. Open Market Operations (OMO)
B. Reserve Requirements
C. Cash Reserve Ratio (CRR)
Correct Answer D. Discount Rate
Correct Answer
D
Correct Option:
Discount Rate

About This Question

This is Post Utme Elizade University 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Elizade University Economics examination.

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