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Wednesday, 06 May 2026
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Tools of monetary policy do not include ____________

Tools of monetary policy do not include ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Open market operations
  • B Reserve requirement
  • C Bank rate
  • D Tax and public expenditure
Correct Answer: Option D
Explanation:
Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves.

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