Post Utme Pan Atlantic University 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • ECONOMICS • objective

A country has a money supply of ₦100 billion and a velocity of circulation of 5. If the central bank wants to increase the money supply by 10%, what is the new money supply?

Answer Options

A. ₦110 billion
B. ₦120 billion
Correct Answer C. ₦130 billion
D. ₦140 billion
Correct Answer
C
Correct Option:
₦130 billion

About This Question

This is Post Utme Pan Atlantic University 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Economics examination.

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