Post Utme Bells University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Bells University Economics examination.

Post Utme Bells University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2024 • ECONOMICS • objective

A central bank increases the money supply by 10%. What will be the effect on the price level, assuming a cons\tant velocity of money?

Answer Options

A. No effect
B. Increase of 5%
Correct Answer C. Increase of 10%
D. Increase of 15%
Correct Answer
C
Correct Option:
Increase of 10%

About This Question

This is Post Utme Bells University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Bells University Economics examination.

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