Post Utme Crawford University 2018 Economics Question 38
Practice objective / multiple choice question 38 from the 2018 Post Utme Crawford 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 ₦100 billion, and consumption is ₦30 billion, investment is ₦20 billion, and government sp\ending is ₦15 billion, what is the value of the marginal propensity to consume?
Answer Options
About This Question
This is Post Utme Crawford University 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.