Post Utme Bowen University 2024 Economics Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2024 Economics Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GNP is given by GNP = 100 + 0.5Y + 0.2C. If the country's current GNP is ₦5000 and the current values of Y and C are ₦2000 and ₦1000, respectively, what is the country's current value of Y?

Answer Options

A. ₦3000
Correct Answer B. ₦3500
C. ₦4000
D. ₦4500
Correct Answer
B
Correct Option:
₦3500

About This Question

This is Post Utme Bowen University 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Bowen University Economics examination.

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