Post Utme Ksu 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Ksu Economics examination.

Post Utme Ksu 2023 Economics Objective / Multiple Choice
Question 9 POST_UTME_KSU • 2023 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the country's central bank wants to reduce inflation to 3% per annum, what should it do?

Answer Options

A. Increase the money supply
Correct Answer B. Decrease the money supply
C. Increase interest rates
D. Decrease interest rates
Correct Answer
B
Correct Option:
Decrease the money supply

About This Question

This is Post Utme Ksu 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.

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