Post Utme Elizade University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ECONOMICS • objective

A central bank increases the money supply by 10%. What is the effect on the price level?

Answer Options

A. 10% decrease
Correct Answer B. 10% increase
C. 5% decrease
D. 5% increase
Correct Answer
B
Correct Option:
10% increase

About This Question

This is Post Utme Elizade University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Elizade University Economics examination.

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