Post Utme Unilag 2024 Economics Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Unilag Economics examination.

Post Utme Unilag 2024 Economics Objective / Multiple Choice
Question 19 POST_UTME_UNILAG • 2024 • ECONOMICS • objective

Consider a monetary policy where the central bank increases the reserve requirement from 10% to 15%. What is the effect on the money supply?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Unilag 2024 Economics Question 19. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.

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