Post Utme Lasu 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2024 • ECONOMICS • objective

The Central Bank of Nigeria has implemented a monetary policy aimed at reducing inflation. Which of the following tools would most likely achieve this goal?

Answer Options

A. Increa\sing the reserve requirement for commercial banks
B. Implementing a price ceiling on essential goods
Correct Answer C. Reducing the money supply by selling government securities
D. Increa\sing the discount rate to reduce borrowing \costs
Correct Answer
C
Correct Option:
Reducing the money supply by selling government securities

About This Question

This is Post Utme Lasu 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

View More Post Utme Lasu 2024 Economics Questions More Post Utme Lasu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support