Post Utme Ksu 2017 Economics Question 38
Practice objective / multiple choice question 38 from the 2017 Post Utme Ksu Economics examination.
A central bank's monetary policy is given by the equation M = r * \( B - L \), where M is the money supply, r is the interest rate, B is the money stock, and L is the money demand. If the interest rate is 5%, the money stock is ₦100 billion, and the money demand is ₦80 billion, what is the money supply?
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About This Question
This is Post Utme Ksu 2017 Economics Question 38. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.
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