Post Utme Summit University 2017 Economics Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Summit University Economics examination.

Post Utme Summit University 2017 Economics Objective / Multiple Choice
Question 6 POST_UTME_SUMMIT_UNIVERSITY • 2017 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses monetary policy tools to control inflation. Which of the following tools is most effective in reducing inflation in the short run?

Answer Options

A. Open Market Operations (OMO)
Correct Answer B. Reserve Requirements
C. Discount Rate
D. Quantitative Ea\sing
Correct Answer
B
Correct Option:
Reserve Requirements

About This Question

This is Post Utme Summit University 2017 Economics Question 6. It is one of the objective questions from the 2017 Post Utme Summit University Economics examination.

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