Post Utme Delsu 2023 Economics Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 28 POST_UTME_DELSU • 2023 • ECONOMICS • objective

The Central Bank of Nigeria (CBN) has a monetary policy of increa\sing the money supply by 10% annually. If the current money supply is ₦100 billion, what will be the new money supply after one year?

Answer Options

A. ₦110 billion
Correct Answer B. ₦120 billion
C. ₦130 billion
D. ₦140 billion
Correct Answer
B
Correct Option:
₦120 billion

About This Question

This is Post Utme Delsu 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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