Post Utme Esut 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Esut Economics examination.

Post Utme Esut 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_ESUT • 2022 • ECONOMICS • objective

A government wants to reduce inflation by increa\sing the money supply. If the initial money supply is ₦100 billion and the government increases it by 20%, what is the new money supply?

Answer Options

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

About This Question

This is Post Utme Esut 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Esut Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support