Post Utme Joseph Ayo Babalola University 2022 Economics Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2022 Economics Objective / Multiple Choice
Question 22 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective
Post Utme Joseph Ayo Babalola University 2022 Economics Question 22 diagram

A central bank increases the reserve requirement for commercial banks. What is the 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 Joseph Ayo Babalola University 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

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