Post Utme Lasu 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Lasu Economics examination.

Post Utme Lasu 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_LASU • 2020 • ECONOMICS • objective

The Central Bank of Nigeria has increased the reserve requirement for commercial banks. What is the likely 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 Lasu 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Lasu Economics examination.

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