Post Utme Skyline University 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_SKYLINE_UNIVERSITY • 2018 • 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. Remain unchanged
D. No effect
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Skyline University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Skyline University Economics examination.

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