Post Utme Delsu 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Delsu Economics examination.

Post Utme Delsu 2019 Economics Objective / Multiple Choice
Question 14 POST_UTME_DELSU • 2019 • ECONOMICS • objective

A central bank has a monetary policy goal of reducing inflation from 5% to 3% within two years. If the current money supply is ₦100 billion and the velocity of money is 2, determine the required money supply growth rate.

Answer Options

Correct Answer A. 10%
B. 15%
C. 20%
D. 25%
Correct Answer
A
Correct Option:
10%

About This Question

This is Post Utme Delsu 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Delsu Economics examination.

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