Post Utme Futa 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Futa Economics examination.

Post Utme Futa 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_FUTA • 2020 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. Which of the following tools would be most effective?

Answer Options

A. Increa\sing the reserve requirement
B. Increa\sing the discount rate
Correct Answer C. Buying government securities
D. Selling foreign currency
Correct Answer
C
Correct Option:
Buying government securities

About This Question

This is Post Utme Futa 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.

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