Post Utme Ui 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_UI • 2021 • ECONOMICS • objective

A country's money supply is given by M = 1000 + 0.5Y, where M is money supply and Y is GDP. If the country's current GDP is 10000, what is the country's money supply?

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 Ui 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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