Post Utme Noun 2019 Economics Question 9
Practice objective / multiple choice question 9 from the 2019 Post Utme Noun Economics examination.
A central bank increases the reserve requirement for commercial banks from 10% to 15%. If the commercial banks have ₦100 billion in reserves, what is the new amount of excess reserves?
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About This Question
This is Post Utme Noun 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Noun Economics examination.
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