Post Utme Pan Atlantic University 2024 Economics Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2024 Economics Objective / Multiple Choice
Question 2 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What will be the effect on the money supply?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Neutral
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Pan Atlantic University 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Economics examination.

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