Post Utme Rhema University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_RHEMA_UNIVERSITY • 2018 • ECONOMICS • objective

A central bank increases the money supply by 10%. What is the likely effect on the general price level?

Answer Options

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

About This Question

This is Post Utme Rhema University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Rhema University Economics examination.

View More Post Utme Rhema University 2018 Economics Questions More Post Utme Rhema University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support