Post Utme Osustech 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Osustech Economics examination.

Post Utme Osustech 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_OSUSTECH • 2018 • ECONOMICS • objective

A central bank increases the money supply by 10%. What will happen to the price level?

Answer Options

Correct Answer A. Price level will increase by 10%
B. Price level will decrease by 10%
C. Price level will remain the same
D. Price level will increase by 20%
Correct Answer
A
Correct Option:
Price level will increase by 10%

About This Question

This is Post Utme Osustech 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Osustech Economics examination.

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