Post Utme Ksu 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Ksu Economics examination.

Post Utme Ksu 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_KSU • 2024 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. If the current inflation rate is 5% and the central bank wants to reduce it to 2%, what is the required reduction in the money supply?

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 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Ksu Economics examination.

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