Post Utme Pan Atlantic University 2021 Geography Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Pan Atlantic University Geography examination.

Post Utme Pan Atlantic University 2021 Geography Objective / Multiple Choice
Question 4 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • GEOGRAPHY • objective
Post Utme Pan Atlantic University 2021 Geography Question 4 diagram

A diagram of a simple economic model is shown below. What is the primary effect of an increase in the money supply on the economy?

Answer Options

A. To decrease the interest rate
Correct Answer B. To increase the inflation rate
C. To decrease the inflation rate
D. To increase the money supply
Correct Answer
B
Correct Option:
To increase the inflation rate

About This Question

This is Post Utme Pan Atlantic University 2021 Geography Question 4. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Geography examination.

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