Post Utme Delsu 2018 Economics Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Delsu Economics examination.

Post Utme Delsu 2018 Economics Objective / Multiple Choice
Question 28 POST_UTME_DELSU • 2018 • ECONOMICS • objective

A central bank's monetary policy is given by the equation M = 100 + 2Y, where M is the money supply and Y is the income. If the income is ₦1000 billion, what is the money supply?

Answer Options

A. ₦200 billion
Correct Answer B. ₦400 billion
C. ₦600 billion
D. ₦800 billion
Correct Answer
B
Correct Option:
₦400 billion

About This Question

This is Post Utme Delsu 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.

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