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An increase in cash ratio by the central bank will ____________
Classroom
Economics Classroom
Waec
Waec 2021
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An increase in cash ratio by the central bank will ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Increase the supply of money.
B
Increase banks lending
C
Encourage borrowing.
D
Reduce the supply of money.
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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