Post Utme Veritas University 2023 Economics Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2023 Economics Objective / Multiple Choice
Question 14 POST_UTME_VERITAS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's money supply is given by the equation M = 100 + 0.5Y, where M is the money supply and Y is the income. If the income is 1000, what is the money supply?

Answer Options

A. 150
Correct Answer B. 200
C. 250
D. 300
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Veritas University 2023 Economics Question 14. It is one of the objective questions from the 2023 Post Utme Veritas University Economics examination.

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