Post Utme Afe Babalola University 2024 Economics Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2024 Economics Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

The government of a country is considering a policy to reduce the level of inflation. The policy involves the reduction of the money supply. If the current money supply is 100 billion, and the government wants to reduce it by 10%, what will be the new money supply?

Answer Options

Correct Answer A. ₦90,000,000,000
B. ₦100,000,000,000
C. ₦110,000,000,000
D. ₦120,000,000,000
Correct Answer
A
Correct Option:
₦90,000,000,000

About This Question

This is Post Utme Afe Babalola University 2024 Economics Question 20. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Economics examination.

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