Post Utme Achievers University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ECONOMICS • objective

The national income of Nigeria is given by 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 will be the national income?

Answer Options

A. ₦1000 billion
B. ₦1100 billion
Correct Answer C. ₦1200 billion
D. ₦1300 billion
Correct Answer
C
Correct Option:
₦1200 billion

About This Question

This is Post Utme Achievers University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Achievers University Economics examination.

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