Post Utme Redeemers University 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2024 Economics Objective / Multiple Choice

Question 18 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • ECONOMICS • objective

The money supply in an economy is determined by the central bank through the use of monetary policy tools. What is the primary objective of monetary policy?

Answer Options

Correct Answer A. To control inflation

B. To stabilize the exchange rate

C. To promote economic growth

D. To reduce unemployment

Correct Answer

Correct Option:

To control inflation

About This Question

This is Post Utme Redeemers University 2024 Economics Question 18. It is one of the objective questions from the 2024 Post Utme Redeemers University Economics examination.

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