Post Utme Esut 2019 Economics Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Esut Economics examination.

Post Utme Esut 2019 Economics Objective / Multiple Choice
Question 6 POST_UTME_ESUT • 2019 • ECONOMICS • objective

Consider a country with a fixed money supply of ₦10 billion. The central bank decides to increase the money supply by 20%. Calculate the new money supply in ₦.

Answer Options

A. ₦12 billion
B. ₦11 billion
Correct Answer C. ₦10.2 billion
D. ₦9.8 billion
Correct Answer
C
Correct Option:
₦10.2 billion

About This Question

This is Post Utme Esut 2019 Economics Question 6. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.

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