Post Utme Noun 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Noun Economics examination.

Post Utme Noun 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_NOUN • 2017 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What is the likely effect on the money supply?

Answer Options

A. Increase in money supply
Correct Answer B. Decrease in money supply
C. No change in money supply
D. Uncertainty about the effect on money supply
Correct Answer
B
Correct Option:
Decrease in money supply

About This Question

This is Post Utme Noun 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Noun Economics examination.

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