Post Utme Lautech 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses monetary policy to control inflation. Which of the following tools of monetary policy is most effective in reducing inflation?

Answer Options

A. Open Market Operations
Correct Answer B. Reserve Requirements
C. Discount Rate
D. Quantitative Ea\sing
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Lautech 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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