Post Utme Afe Babalola University 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 25 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's national income is given by Y = C + I + G. If the country's consumption is ₦500 billion, its investment is ₦200 billion and its government exp\enditure is ₦300 billion, what is the country's national income?

Answer Options

A. ₦1 trillion
B. ₦1.1 trillion
Correct Answer C. ₦1.2 trillion
D. ₦1.3 trillion
Correct Answer
C
Correct Option:
₦1.2 trillion

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

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