Post Utme Igbinedion University 2021 Economics Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2021 Economics Objective / Multiple Choice
Question 40 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ECONOMICS • objective

A central bank increases the money supply in an economy by 10%. If the initial money supply is 100 billion Naira, calculate the new money supply.

Answer Options

Correct Answer A. 110 billion Naira
B. 100 billion Naira
C. 90 billion Naira
D. 80 billion Naira
Correct Answer
A
Correct Option:
110 billion Naira

About This Question

This is Post Utme Igbinedion University 2021 Economics Question 40. It is one of the objective questions from the 2021 Post Utme Igbinedion University Economics examination.

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