Post Utme Mountain Top University 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 0.5Y. If the country's GDP is ₦500 billion, what is the money supply?

Answer Options

A. ₦250 billion
B. ₦500 billion
Correct Answer C. ₦750 billion
D. ₦1 trillion
Correct Answer
C
Correct Option:
₦750 billion

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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