Post Utme Wellspring University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ECONOMICS • objective

A central bank increases the reserve requirement for commercial banks. What will happen to the money supply?

Answer Options

A. Money supply will increase.
Correct Answer B. Money supply will decrease.
C. Money supply will remain the same.
D. Money supply will increase by 10%.
Correct Answer
B
Correct Option:
Money supply will decrease.

About This Question

This is Post Utme Wellspring University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.

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