Post Utme Esut 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_ESUT • 2025 • ECONOMICS • objective

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

Answer Options

A. Price level decreases by 10%
Correct Answer B. Price level increases by 10%
C. Price level remains unchanged
D. Price level decreases by 20%
Correct Answer
B
Correct Option:
Price level increases by 10%

About This Question

This is Post Utme Esut 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

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