Post Utme Lasu 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Lasu Economics examination.

Post Utme Lasu 2017 Economics Objective / Multiple Choice

Question 23 POST_UTME_LASU • 2017 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. If the central bank decreases the reserve requirement for commercial banks, what will be the effect on the money supply?

A. The money supply will increase.

B. The money supply will decrease.

C. The money supply will remain unchanged.

D. The money supply will increase at a decrea\sing rate.

Correct Answer

N/A

This is Post Utme Lasu 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.

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