Post Utme Esut 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Esut Economics examination.

Post Utme Esut 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_ESUT • 2018 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the likely effect on the money supply?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Esut 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.

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