Post Utme Ui 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice

Question 15 POST_UTME_UI • 2021 • ECONOMICS • objective

A central bank increases the money supply in an economy. What is the effect of this increase on the price level?

Correct Answer A. The price level increases

B. The price level decreases

C. The price level remains the same

D. The price level increases and then decreases

Correct Answer

Correct Option:

The price level increases

This is Post Utme Ui 2021 Economics Question 15. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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