Post Utme Wellspring University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice

Question 24 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

A central bank uses the following monetary policy instrument: Open Market Operations (OMO). If the central bank buys ₦100 million worth of government securities, what is the effect on the money supply?

Answer Options

Correct Answer A. Increase money supply

B. Decrease money supply

C. No effect on money supply

D. Increase interest rates

Correct Answer

Correct Option:

Increase money supply

About This Question

This is Post Utme Wellspring University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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