a
encouraging banks to lend for any purpose.
b
increasing her own expenditure.
c
buying treasury bills in the open market.
d
selling securities in the open market
Explanation
Correct Option
dVideo Explanation
No video available
Post your Contribution
Share:
Discussions (1)
aikay001
3 years ago
During inflation, the government with the aid of the CBN sells securities in the Open Market to commercial banks. When this securities are sold, the CBN now holds some of amount of money in circulation which reduces inflation.
