Post Utme Osustech 2019 Economics Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Osustech Economics examination.

Post Utme Osustech 2019 Economics Objective / Multiple Choice
Question 35 POST_UTME_OSUSTECH • 2019 • ECONOMICS • objective

A government is considering a policy to reduce inflation. The government's monetary policy tool is the central bank's discount rate. If the central bank's discount rate is currently 10% and the government wants to reduce inflation by 2%, what is the new discount rate?

Answer Options

A. 8%
Correct Answer B. 9%
C. 10%
D. 11%
Correct Answer
B
Correct Option:
9%

About This Question

This is Post Utme Osustech 2019 Economics Question 35. It is one of the objective questions from the 2019 Post Utme Osustech Economics examination.

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