Post Utme Caleb University 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_CALEB_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is $100 billion, and its government sp\ends $20 billion on infrastructure. What is the multiplier effect of this exp\enditure on the country's GDP?

Answer Options

A. 1.25
B. 1.5
Correct Answer C. 2
D. 2.5
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Caleb University 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Caleb University Economics examination.

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