Post Utme Lead City University 2019 Economics Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice
Question 24 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A country's money supply is $500 billion, and its velocity of money is 2. What is the nominal GDP?

Answer Options

A. $1 trillion
Correct Answer B. $1.5 trillion
C. $2 trillion
D. $2.5 trillion
Correct Answer
B
Correct Option:
$1.5 trillion

About This Question

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

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