Post Utme Caleb University 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A country's money supply is given by the equation \( M = 100 + 2Y \), where ( M ) is the money supply and ( Y ) is the level of economic activity. If the level of economic activity increases by 10%, what is the new money supply?

Answer Options

A. 110
Correct Answer B. 120
C. 130
D. 140
Correct Answer
B
Correct Option:
120

About This Question

This is Post Utme Caleb University 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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