Post Utme Noun 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Noun Economics examination.

Post Utme Noun 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_NOUN • 2020 • ECONOMICS • objective

A country is experiencing a recession due to a decline in aggregate demand. If the central bank decides to implement a policy of expansionary monetary policy, what will be the effect on the aggregate demand?

Answer Options

A. The aggregate demand will decrease
Correct Answer B. The aggregate demand will increase
C. The aggregate demand will remain unchanged
D. The effect on the aggregate demand is uncertain
Correct Answer
B
Correct Option:
The aggregate demand will increase

About This Question

This is Post Utme Noun 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Noun Economics examination.

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