Post Utme Uniport 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Uniport Economics examination.

Post Utme Uniport 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective

A central bank is considering a monetary policy to reduce inflation. If the current inflation rate is 10% and the central bank wants to reduce it to 5% within the next 2 years, what will be the required annual rate of interest?

Answer Options

A. 10%
B. 15%
Correct Answer C. 20%
D. 25%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Uniport 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Uniport Economics examination.

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