Post Utme Rhema University 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2018 Economics Objective / Multiple Choice
Question 27 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 27. It is one of the objective questions from the 2018 Post Utme Rhema University Economics examination.

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