Post Utme Uniosun 2018 Economics Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Uniosun Economics examination.
A country's inflation rate is given by the equation \pi = \frac{M}{PY}. If the money supply (M) is 100, the price level (P) is 10, and the real GDP (Y) is 1000, what is the inflation rate?
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About This Question
This is Post Utme Uniosun 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.
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