Post Utme Mountain Top University 2019 Economics Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2019 Economics Objective / Multiple Choice
Question 36 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • ECONOMICS • objective

The government of a country wants to reduce inflation by 5% in a year. If the current inflation rate is 10%, what is the required reduction in money supply?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Mountain Top University 2019 Economics Question 36. It is one of the objective questions from the 2019 Post Utme Mountain Top University Economics examination.

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