Post Utme Lead City University 2021 Commerce Question 6

Practice objective / multiple choice question 6 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 6 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A bank's decision to increase interest rates on loans to control inflation is an example of a(n) _______ policy.

Answer Options

Correct Answer A. Monetary policy
B. Fiscal policy
C. Supply-side policy
D. Demand-side policy
Correct Answer
A
Correct Option:
Monetary policy

About This Question

This is Post Utme Lead City University 2021 Commerce Question 6. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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