Post Utme Uniosun 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2018 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNIOSUN • 2018 • ECONOMICS • objective

A central bank increases the money supply by 10%. What is the effect on the price level, assuming a cons\tant velocity of money?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Uniosun 2018 Economics Question 34. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.

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