Post Utme Lead City University 2019 Economics Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice
Question 7 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A central bank increases 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 Lead City University 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Lead City University Economics examination.

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