Post Utme Unilorin 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2025 Economics Objective / Multiple Choice

Question 28 POST_UTME_UNILORIN • 2025 • ECONOMICS • objective

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

Answer Options

A. The money supply increases.

Correct Answer B. The money supply decreases.

C. The money supply remains unchanged.

D. The money supply becomes uncertain.

Correct Answer

Correct Option:

The money supply decreases.

About This Question

This is Post Utme Unilorin 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.

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