Post Utme Ims U 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A central bank implements a monetary policy that increases the money supply. What will be the effect on the price level?

Answer Options

Correct Answer A. The price level will increase
B. The price level will decrease
C. The price level will remain unchanged
D. The price level will increase in the short run but decrease in the long run
Correct Answer
A
Correct Option:
The price level will increase

About This Question

This is Post Utme Ims U 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.

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