Post Utme Unn 2023 Economics Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Unn Economics examination.

Post Utme Unn 2023 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2023 • ECONOMICS • objective

A country is experiencing a recession, and the government wants to implement a monetary policy to stimulate economic growth. Which of the following monetary policy tools would be most effective in increa\sing aggregate demand?

Answer Options

A. Reduce the reserve requirement for commercial banks.
B. Increase the discount rate for commercial banks.
Correct Answer C. Increase the money supply by buying government securities.
D. Decrease the money supply by selling government securities.
Correct Answer
C
Correct Option:
Increase the money supply by buying government securities.

About This Question

This is Post Utme Unn 2023 Economics Question 17. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.

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