Post Utme Ksu 2021 Economics Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2021 • ECONOMICS • objective

The money multiplier is a concept used in the money market to determine the change in the money supply resulting from a change in the money multiplier. If the money multiplier is 4 and the initial money supply is ₦10 billion, what is the new money supply if the money multiplier increases to 5?

Answer Options

Correct Answer A. ₦20 billion
B. ₦15 billion
C. ₦12.5 billion
D. ₦10 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Ksu 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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