Post Utme Covenant University 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_COVENANT_UNIVERSITY • 2019 • ECONOMICS • objective

A central bank increases the money supply by ₦10 billion. If the velocity of money is 2, find the increase in the price level.

Answer Options

Correct Answer A. 2%
B. 5%
C. 10%
D. 15%
Correct Answer
A
Correct Option:
2%

About This Question

This is Post Utme Covenant University 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Covenant University Economics examination.

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