Post Utme Unilorin 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2018 Economics Objective / Multiple Choice
Question 8 POST_UTME_UNILORIN • 2018 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What will be the effect on the money supply?

Answer Options

A. The money supply will increase.
Correct Answer B. The money supply will decrease.
C. The money supply will remain the same.
D. The effect on the money supply is uncertain.
Correct Answer
B
Correct Option:
The money supply will decrease.

About This Question

This is Post Utme Unilorin 2018 Economics Question 8. It is one of the objective questions from the 2018 Post Utme Unilorin Economics examination.

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