Post Utme Lasu 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Lasu Economics examination.

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_LASU • 2018 • ECONOMICS • objective

A country's money supply (M) is given by the equation M = 1000 + 0.5Y, where Y is the country's real GDP. If the country's real GDP is 100 billion, what is the value of the country's money supply?

Answer Options

A. 50
B. 100
Correct Answer C. 150
D. 200
Correct Answer
C
Correct Option:
150

About This Question

This is Post Utme Lasu 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.

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