Post Utme Futa 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 36 POST_UTME_FUTA • 2022 • ECONOMICS • objective

A government is considering a policy to reduce inflation. The policy involves reducing the money supply by 10%. If the current money supply is ₦5,000,000,000, what is the new money supply?

Answer Options

Correct Answer A. ₦4,500,000,000
B. ₦4,750,000,000
C. ₦5,000,000,000
D. ₦5,250,000,000
Correct Answer
A
Correct Option:
₦4,500,000,000

About This Question

This is Post Utme Futa 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Futa 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