Utme 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 10 UTME • 2019 • ECONOMICS • objective

An increase in money supply, other things being equal, will

Answer Options

A. reduce income
Correct Answer B. lower interest rates
C. increase money demand
D. ensure trade balance
Correct Answer
B
Correct Option:
lower interest rates

About This Question

This is Utme 2019 Economics Question 10. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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