Post Utme Bells University 2022 Economics Question 25
Practice objective / multiple choice question 25 from the 2022 Post Utme Bells University Economics examination.
A country's money supply is given by the equation M = kPY, where M is the money supply, k is a cons\tant, P is the price level, and Y is the real GDP. If the country's money supply is $100 billion, the price level is 2, and the real GDP is 50, what is the value of the cons\tant k?
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This is Post Utme Bells University 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.
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