Post Utme Skyline University 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 0.5Y. If the country's GDP is ₦20 trillion, what is the money supply?

Answer Options

A. ₦10 trillion
B. ₦12 trillion
Correct Answer C. ₦15 trillion
D. ₦18 trillion
Correct Answer
C
Correct Option:
₦15 trillion

About This Question

This is Post Utme Skyline University 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Skyline University Economics examination.

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