Post Utme Lasu 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_LASU • 2025 • ECONOMICS • objective

A country's money supply is given by M = ₦100 billion. If the velocity of money is 5, determine the nominal GDP.

Answer Options

A. ₦500 billion
Correct Answer B. ₦600 billion
C. ₦700 billion
D. ₦800 billion
Correct Answer
B
Correct Option:
₦600 billion

About This Question

This is Post Utme Lasu 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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