Post Utme Christopher University 2018 Economics Question 37
Practice objective / multiple choice question 37 from the 2018 Post Utme Christopher University Economics examination.
A central bank is considering a monetary policy to reduce inflation. If the money supply is M = 1000 + 0.5Y, where Y is the GDP, and the inflation rate is 5%, what is the percentage change in the money supply?
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About This Question
This is Post Utme Christopher University 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.
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