Post Utme Mountain Top University 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A central bank in Nigeria uses the money market to implement monetary policy. If the central bank buys government securities on the open market, what happens to the money supply?

Answer Options

Correct Answer A. Increases
B. Decreases
C. No change
D. Uncertain
Correct Answer
A
Correct Option:
Increases

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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