Post Utme Unilag 2022 Economics Question 8
Practice objective / multiple choice question 8 from the 2022 Post Utme Unilag Economics examination.
A central bank uses the money supply equation M = kPY to determine the money supply. If the price level (P) is 2, income (Y) is ₦1 trillion, and the velocity of money (k) is 0.8, calculate the money supply.
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About This Question
This is Post Utme Unilag 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.
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