Post Utme Coal City University 2020 Economics Question 18
Practice objective / multiple choice question 18 from the 2020 Post Utme Coal City University Economics examination.
A country's GDP is given by the equation Y = C + I + G, where C is consumption, I is investment, and G is government sp\ending. If the country's GDP is ₦10 trillion, consumption is ₦3 trillion, investment is ₦2 trillion, and government sp\ending is ₦1 trillion, calculate the marginal propensity to consume.
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About This Question
This is Post Utme Coal City University 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Coal City University Economics examination.
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