Post Utme Noun 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 8 POST_UTME_NOUN • 2018 • ECONOMICS • objective

A central bank increases the money supply in an economy by 10%. What is the expected effect on the price level?

Answer Options

A. Increase by 5%
Correct Answer B. Increase by 10%
C. Increase by 15%
D. No change
Correct Answer
B
Correct Option:
Increase by 10%

About This Question

This is Post Utme Noun 2018 Economics Question 8. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

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