Post Utme Aaua 2024 Economics Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Aaua Economics examination.

Post Utme Aaua 2024 Economics Objective / Multiple Choice
Question 32 POST_UTME_AAUA • 2024 • ECONOMICS • objective

The national income of a country is given by the following equation: \( Y = C + I + G \), where Y is the national income, C is the consumption, I is the investment, and G is the government exp\enditure. If the consumption is ₦500 billion, the investment is ₦200 billion, and the government exp\enditure is ₦300 billion, what is the national income?

Answer Options

A. ₦1000 billion
Correct Answer B. ₦1005 billion
C. ₦1002 billion
D. ₦1008 billion
Correct Answer
B
Correct Option:
₦1005 billion

About This Question

This is Post Utme Aaua 2024 Economics Question 32. It is one of the objective questions from the 2024 Post Utme Aaua Economics examination.

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