Post Utme Futa 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_FUTA • 2022 • ECONOMICS • objective

The money market equilibrium is given by the equation MS = 100 + 0.5Y, where MS is the money supply and Y is the income. If the income is $1000, what is the money supply?

Answer Options

A. $150
Correct Answer B. $200
C. $250
D. $300
Correct Answer
B
Correct Option:
$200

About This Question

This is Post Utme Futa 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.

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