Post Utme Ksu 2022 Economics Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 5 POST_UTME_KSU • 2022 • ECONOMICS • objective

A government is considering implementing a policy to reduce inflation. The current inflation rate is 5%, and the government wants to reduce it to 2% within the next year. What is the required rate of interest?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Ksu 2022 Economics Question 5. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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