Post Utme Redeemers University 2019 Economics Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2019 Economics Objective / Multiple Choice
Question 37 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ECONOMICS • objective

A central bank can implement monetary policy by adjusting the money supply in the economy. If the central bank increases the money supply, what will happen to the price level in the economy?

Answer Options

A. The price level will decrease.
Correct Answer B. The price level will increase.
C. The price level will remain the same.
D. The price level will fluctuate.
Correct Answer
B
Correct Option:
The price level will increase.

About This Question

This is Post Utme Redeemers University 2019 Economics Question 37. It is one of the objective questions from the 2019 Post Utme Redeemers University Economics examination.

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