Post Utme Unilorin 2020 Economics Question 41

Practice objective / multiple choice question 41 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 41 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A central bank implements a monetary policy by increa\sing the reserve requirement for commercial banks. What is the likely effect on the money supply in the economy?

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 Unilorin 2020 Economics Question 41. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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