Post Utme Lead City University 2021 Economics Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice

Question 37 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 0.5Y. If the country's GDP is $100 billion, what is the money supply?

Answer Options

A. $50 billion

B. $75 billion

Correct Answer C. $100 billion

D. $125 billion

Correct Answer

Correct Option:

$100 billion

About This Question

This is Post Utme Lead City University 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

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