Post Utme Osustech 2021 Economics Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Osustech Economics examination.

Post Utme Osustech 2021 Economics Objective / Multiple Choice
Question 19 POST_UTME_OSUSTECH • 2021 • ECONOMICS • objective

The Nigerian government has implemented a monetary policy to reduce inflation. Which of the following is a likely consequence of this policy?

Answer Options

A. Increased interest rates
Correct Answer B. Reduced money supply
C. Increased inflation
D. Decreased economic growth
Correct Answer
B
Correct Option:
Reduced money supply

About This Question

This is Post Utme Osustech 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.

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