Post Utme Bells University 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Bells University Economics examination.

Post Utme Bells University 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_BELLS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 5Y. If the country's income is ₦1,000,000,000, what is the value of the country's money supply?

Answer Options

A. ₦1,500,000,000
Correct Answer B. ₦1,600,000,000
C. ₦1,700,000,000
D. ₦1,800,000,000
Correct Answer
B
Correct Option:
₦1,600,000,000

About This Question

This is Post Utme Bells University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Bells University Economics examination.

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