Post Utme Ksu 2019 Economics Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2019 • ECONOMICS • objective

A central bank has a money supply function of \( M = 1000 + 10B \) and an interest rate function of \( i = 2 + 0.1B \). Determine the equilibrium level of the money supply.

Answer Options

A. B = 100
Correct Answer B. B = 200
C. B = 300
D. B = 400
Correct Answer
B
Correct Option:
B = 200

About This Question

This is Post Utme Ksu 2019 Economics Question 24. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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