Post Utme Esut 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_ESUT • 2025 • ECONOMICS • objective

A central bank's monetary policy tool is given by the money supply equation MS = kY, where MS is money supply, k is a cons\tant and Y is real GDP. If the central bank wants to increase the money supply by 10%, what is the percentage change in real GDP?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Esut 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

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