Post Utme Nile University 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Nile University Economics examination.

Post Utme Nile University 2020 Economics Objective / Multiple Choice

Question 17 POST_UTME_NILE_UNIVERSITY • 2020 • ECONOMICS • objective

A central bank implements an expansionary monetary policy by increa\sing the money supply (M) by 10%. If the initial money supply is $100 billion, what is the new money supply?

Answer Options

Correct Answer A. $110 billion

B. $105 billion

C. $100.5 billion

D. $99.5 billion

Correct Answer

Correct Option:

$110 billion

About This Question

This is Post Utme Nile University 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Nile University Economics examination.

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