Post Utme Futo 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Futo Economics examination.

Post Utme Futo 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_FUTO • 2021 • ECONOMICS • objective

Consider a monetary policy where the central bank increases the money supply by 10%. If the initial money supply is 1000, what is the new money supply?

Answer Options

A. 1100
Correct Answer B. 1200
C. 1300
D. 1400
Correct Answer
B
Correct Option:
1200

About This Question

This is Post Utme Futo 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.

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