Post Utme Afe Babalola University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A government wants to reduce the inflation rate from 10% to 5% within a period of 2 years. If the current money supply is ₦100 billion and the velocity of money is 2, what is the required reduction in the money supply?

Answer Options

A. ₦20 billion
B. ₦30 billion
Correct Answer C. ₦40 billion
D. ₦50 billion
Correct Answer
C
Correct Option:
₦40 billion

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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