Post Utme Lead City University 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

A central bank is considering an open market operation to increase the money supply in the economy. If the central bank buys $100 million worth of government securities from commercial banks, what is the expected increase in the money supply?

Answer Options

A. $50 million
B. $75 million
Correct Answer C. $100 million
D. $125 million
Correct Answer
C
Correct Option:
$100 million

About This Question

This is Post Utme Lead City University 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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