Post Utme Achievers University 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ECONOMICS • objective

Consider an economy with a money supply of \( M = 1000 \) and a velocity of money \( V = 5 \). If the price level is \( P = 10 \), find the real money supply.

Answer Options

Correct Answer A. ( 50 )
B. ( 100 )
C. ( 200 )
D. ( 500 )
Correct Answer
A
Correct Option:
( 50 )

About This Question

This is Post Utme Achievers University 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.

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