Post Utme Osustech 2017 Economics Question 14
Practice objective / multiple choice question 14 from the 2017 Post Utme Osustech Economics examination.
A central bank is considering a monetary policy to reduce inflation. The current inflation rate is \( pi = 5% \), and the central bank wants to reduce it to \( pi' = 3% \). If the central bank has a target interest rate of \( r = 5% \), what should be the new money supply?
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About This Question
This is Post Utme Osustech 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.
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