Post Utme Osustech 2023 Economics Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Osustech Economics examination.

Post Utme Osustech 2023 Economics Objective / Multiple Choice
Question 33 POST_UTME_OSUSTECH • 2023 • ECONOMICS • objective

A country's money supply is given by M = 100 + 2Y. The country's velocity of money is given by V = 5. What is the country's nominal GDP?

Answer Options

A. ₦5000
Correct Answer B. ₦6000
C. ₦7000
D. ₦8000
Correct Answer
B
Correct Option:
₦6000

About This Question

This is Post Utme Osustech 2023 Economics Question 33. It is one of the objective questions from the 2023 Post Utme Osustech Economics examination.

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