Post Utme Mountain Top University 2024 Economics Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice

Question 40 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A central bank increases the discount rate. What is the effect on the money supply?

Answer Options

A. Money supply increases

Correct Answer B. Money supply decreases

C. Money supply remains the same

D. Money supply becomes negative

Correct Answer

Correct Option:

Money supply decreases

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 40. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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