Utme 2017 Economics Question 7

Practice objective / multiple choice question 7 from the 2017 Utme Economics examination. This question covers Monetary Economics .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Monetary Economics
Question 7 UTME • 2017 • ECONOMICS • objective

The speculative demand for money is inversely related to the

Answer Options

A. inflation rate
Correct Answer B. interest rate
C. level of income
D. exchange rate
Correct Answer
B
Correct Option:
interest rate

About This Question

This is Utme 2017 Economics Question 7. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Monetary Economics .

Difficulty level: 2 .

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