Post Utme Wellspring University 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ECONOMICS • objective

A central bank increases the money supply by 10%. What is the expected effect on the price level?

Answer Options

Correct Answer A. Increase
B. Decrease
C. No change
D. Uncertain
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Wellspring University 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Wellspring University Economics examination.

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