Post Utme Ui 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Ui Economics examination.

Post Utme Ui 2022 Economics Objective / Multiple Choice
Question 19 POST_UTME_UI • 2022 • ECONOMICS • objective

A central bank uses the following monetary policy tools to control inflation: open market operations, reserve requirements, and discount rate. Which of the following is NOT a direct effect of an increase in the discount rate?

Answer Options

A. Increase in money supply
Correct Answer B. Decrease in interest rate
C. Increase in reserve requirement
D. Decrease in money supply
Correct Answer
B
Correct Option:
Decrease in interest rate

About This Question

This is Post Utme Ui 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Ui Economics examination.

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