Post Utme Abu 2023 Geography Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Abu Geography examination.

Post Utme Abu 2023 Geography Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2023 • GEOGRAPHY • objective
Post Utme Abu 2023 Geography Question 13 diagram

The diagram below shows a simple economic model. What is the effect of an increase in the money supply on the price level?

Answer Options

A. Decrease
Correct Answer B. Increase
C. No effect
D. Depend on the interest rate
Correct Answer
B
Correct Option:
Increase

About This Question

This is Post Utme Abu 2023 Geography Question 13. It is one of the objective questions from the 2023 Post Utme Abu Geography examination.

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