Post Utme Unilag 2024 Economics Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Unilag Economics examination.

Post Utme Unilag 2024 Economics Objective / Multiple Choice
Question 30 POST_UTME_UNILAG • 2024 • ECONOMICS • objective

A central bank is considering implementing a monetary policy to reduce inflation. The central bank has the following policy options: increa\sing the reserve requirement, increa\sing the discount rate, or increa\sing the money supply. Which policy option is most likely to reduce inflation?

Answer Options

Correct Answer A. Increa\sing the reserve requirement
B. Increa\sing the discount rate
C. Increa\sing the money supply
D. Decrea\sing the money supply
Correct Answer
A
Correct Option:
Increa\sing the reserve requirement

About This Question

This is Post Utme Unilag 2024 Economics Question 30. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.

View More Post Utme Unilag 2024 Economics Questions More Post Utme Unilag 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