Post Utme Uniosun 2020 Economics Question 3
Practice objective / multiple choice question 3 from the 2020 Post Utme Uniosun Economics examination.
A central bank is considering a monetary policy to reduce inflation. If the money supply is given by the equation M = 1000 + 0.5Y, where M is the money supply and Y is the national income, and the inflation rate is 5%, what should be the optimal money supply?
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About This Question
This is Post Utme Uniosun 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Uniosun Economics examination.
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