Post Utme Esut 2020 Economics Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 15 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A central bank's money supply is given by the equation \( MS = C + D + \( B - R \ \) ). If the central bank's currency in circulation is ₦500 billion, deposits are ₦200 billion, and reserve requirements are ₦100 billion, find the central bank's money supply.

Answer Options

Correct Answer A. ₦600 billion
B. ₦700 billion
C. ₦800 billion
D. ₦900 billion
Correct Answer
A
Correct Option:
₦600 billion

About This Question

This is Post Utme Esut 2020 Economics Question 15. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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