Post Utme Covenant University 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_COVENANT_UNIVERSITY • 2018 • ECONOMICS • objective

A government budget is given by the equation: G = 100 + 0.2Y, where G is government exp\enditure and Y is national income. If the government exp\enditure is ₦500 billion, find the value of national income.

Answer Options

Correct Answer A. ₦2.5 trillion
B. ₦2.5 trillion
C. ₦2.5 trillion
D. ₦2.5 trillion
Correct Answer
A
Correct Option:
₦2.5 trillion

About This Question

This is Post Utme Covenant University 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Covenant University Economics examination.

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