Post Utme Nile University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Nile University Economics examination.

Post Utme Nile University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_NILE_UNIVERSITY • 2018 • ECONOMICS • objective

A central bank uses open market operations to increase the money supply in the economy. Which of the following is a correct statement about open market operations?

Answer Options

Correct Answer A. Open market operations involve the central bank buying government securities from commercial banks.
B. Open market operations involve the central bank selling government securities to commercial banks.
C. Open market operations involve the central bank buying government securities from the public.
D. Open market operations involve the central bank selling government securities to the public.
Correct Answer
A
Correct Option:
Open market operations involve the central bank buying government securities from commercial banks.

About This Question

This is Post Utme Nile University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.

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