Post Utme Osustech 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Osustech Economics examination.

Post Utme Osustech 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_OSUSTECH • 2024 • ECONOMICS • objective

A country's central bank implements a monetary policy by increa\sing the money supply. If the initial money supply is ₦100 billion and the velocity of money is 2, what is the new money supply after the policy is implemented?

Answer Options

A. ₦200 billion
Correct Answer B. ₦250 billion
C. ₦300 billion
D. ₦350 billion
Correct Answer
B
Correct Option:
₦250 billion

About This Question

This is Post Utme Osustech 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.

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