Post Utme Esut 2023 Economics Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Esut Economics examination.

Post Utme Esut 2023 Economics Objective / Multiple Choice
Question 29 POST_UTME_ESUT • 2023 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 0.5Y. If the country's income is ₦5000, what is its money supply?

Answer Options

A. ₦2500
B. ₦3000
Correct Answer C. ₦3500
D. ₦4000
Correct Answer
C
Correct Option:
₦3500

About This Question

This is Post Utme Esut 2023 Economics Question 29. It is one of the objective questions from the 2023 Post Utme Esut Economics examination.

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