Post Utme Bells University 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Bells University Economics examination.

Post Utme Bells University 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_BELLS_UNIVERSITY • 2021 • ECONOMICS • objective

The money supply in a country is given by the equation M = 1000 + 0.5Y. If the money supply is currently ₦5000, what is the level of income?

Answer Options

Correct Answer A. ₦10000
B. ₦5000
C. ₦2000
D. ₦1000
Correct Answer
A
Correct Option:
₦10000

About This Question

This is Post Utme Bells University 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Bells University Economics examination.

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