Post Utme Summit University 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Summit University Economics examination.

Post Utme Summit University 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ECONOMICS • objective

A central bank uses open market operations to increase the money supply. What is the effect on the interest rate?

Answer Options

A. The interest rate increases
Correct Answer B. The interest rate decreases
C. The interest rate remains unchanged
D. The interest rate becomes negative
Correct Answer
B
Correct Option:
The interest rate decreases

About This Question

This is Post Utme Summit University 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Summit University Economics examination.

View More Post Utme Summit University 2018 Economics Questions More Post Utme Summit 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