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By buying treasury bills, the Central Bank of Nigeria intends to
Question 1
Report
By buying treasury bills, the Central Bank of Nigeria intends to
increase money supply in the economy
reduce the cash reserve ratio for banks
reduce money supply in the economy
increase the capital base of commercial banks
Answer Details
Read lesson note on Money And Inflation (WAEC)
Read lesson note on Financial Institutions (WAEC)
Money And Inflation
Financial Institutions
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