Post Utme Mountain Top University 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2019 Economics Objective / Multiple Choice
Question 5 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. If the current inflation rate is 5%, and the central bank wants to reduce it to 2% within the next two years, what is the required annual inflation rate?

Answer Options

A. 2%
B. 3%
Correct Answer C. 4%
D. 5%
Correct Answer
C
Correct Option:
4%

About This Question

This is Post Utme Mountain Top University 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Mountain Top University Economics examination.

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