Post Utme Afe Babalola University 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A country has a money supply of ₦100 billion and a velocity of 2. The country's price level is 100. What is the country's nominal GDP?

Answer Options

A. ₦200 billion
Correct Answer B. ₦300 billion
C. ₦400 billion
D. ₦500 billion
Correct Answer
B
Correct Option:
₦300 billion

About This Question

This is Post Utme Afe Babalola University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Economics examination.

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