Post Utme Nile University 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A country's money supply is ₦50 billion, its velocity of money is 2, and its price level is ₦100. What is the country's nominal GDP?

Answer Options

A. ₦100 billion
Correct Answer B. ₦150 billion
C. ₦200 billion
D. ₦250 billion
Correct Answer
B
Correct Option:
₦150 billion

About This Question

This is Post Utme Nile University 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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