Post Utme Wellspring University 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ECONOMICS • objective

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

Answer Options

A. The money supply increases.
Correct Answer B. The money supply decreases.
C. The money supply remains the same.
D. The money supply increases and then decreases.
Correct Answer
B
Correct Option:
The money supply decreases.

About This Question

This is Post Utme Wellspring University 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.

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