Post Utme Coal City University 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A country's money supply is given by M = 100 + 2Y. The country's velocity of money is given by V = 5. What is the country's nominal GDP?

Answer Options

A. ₦500
Correct Answer B. ₦1000
C. ₦1500
D. ₦2000
Correct Answer
B
Correct Option:
₦1000

About This Question

This is Post Utme Coal City University 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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