Post Utme Uniben 2024 Economics Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice
Question 6 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

The central bank of a country uses a monetary policy tool to increase the money supply. Which of the following is a likely effect of this action?

Answer Options

A. A decrease in the interest rate
B. An increase in the inflation rate
C. A decrease in the exchange rate
Correct Answer D. An increase in the money supply
Correct Answer
D
Correct Option:
An increase in the money supply

About This Question

This is Post Utme Uniben 2024 Economics Question 6. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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