Post Utme Ksu 2022 Economics Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2022 • ECONOMICS • objective

A central bank increases the money supply by 10%. If the initial money supply is ₦100 billion and the velocity of money is 2, what is the new money supply?

Answer Options

A. ₦110 billion
Correct Answer B. ₦120 billion
C. ₦130 billion
D. ₦140 billion
Correct Answer
B
Correct Option:
₦120 billion

About This Question

This is Post Utme Ksu 2022 Economics Question 35. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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