Waec Model Questions Vol1 2025 Economics Question 39
Practice objective / multiple choice question 39 from the 2025 Waec Model Questions Vol1 Economics examination.
The Central Bank buys government securities worth ₦500 million, injecting that amount into the banking system. The required reserve ratio is 10 % and the public holds cash equal to 25 % of bank deposits (currency‑deposit ratio = 0.25). Calculate the total increase in the money supply resulting from this open‑market operation.
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About This Question
This is Waec Model Questions Vol1 2025 Economics Question 39. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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