Post Utme Noun 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Noun Economics examination.

Post Utme Noun 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_NOUN • 2020 • ECONOMICS • objective

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

Answer Options

A. 5% increase
Correct Answer B. 10% increase
C. 15% increase
D. 20% increase
Correct Answer
B
Correct Option:
10% increase

About This Question

This is Post Utme Noun 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Noun Economics examination.

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