Post Utme Abu 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Abu Economics examination.

Post Utme Abu 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2017 • ECONOMICS • objective

A central bank increases the money supply (M) by 10%. What is the new value of the inflation rate (π)?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Abu 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Abu Economics examination.

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