Post Utme Wellspring University 2025 Economics Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 11 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) uses the monetary policy instrument of Open Market Operations (OMO) to increase the money supply in the economy. Which of the following is a consequence of this action?

Answer Options

A. A decrease in the interest rate
B. An increase in the reserve requirement
C. A decrease in the money supply
Correct Answer D. An increase in the inflation rate
Correct Answer
D
Correct Option:
An increase in the inflation rate

About This Question

This is Post Utme Wellspring University 2025 Economics Question 11. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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