Waec 2021 Economics Question 37

Practice objective / multiple choice question 37 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 37 WAEC • 2021 • ECONOMICS • objective

An increase in cash ratio by the central bank will

Answer Options

A. increase the supply of money.
B. increase banks' lending.
C. encourage borrowing.
Correct Answer D. reduce the supply of money.
Correct Answer
D
Correct Option:
reduce the supply of money.

About This Question

This is Waec 2021 Economics Question 37. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

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