Post Utme Ui 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Ui Economics examination.

Post Utme Ui 2025 Economics Objective / Multiple Choice
Question 5 POST_UTME_UI • 2025 • ECONOMICS • objective

A country's money supply is $100 billion, and the velocity of money is 2. If the country's GDP is $200 billion, what is the likely effect on the price level?

Answer Options

Correct Answer A. The price level will increase.
B. The price level will decrease.
C. The price level will remain unchanged.
D. The effect on the price level is uncertain.
Correct Answer
A
Correct Option:
The price level will increase.

About This Question

This is Post Utme Ui 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Ui Economics examination.

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