Post Utme Crawford University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where C, I, and G are the consumption, investment, and government sp\ending respectively. If the country's GDP is ₦100 billion, and the consumption is ₦50 billion, the investment is ₦20 billion, and the government sp\ending is ₦30 billion, find the value of the multiplier.

Answer Options

A. 2
Correct Answer B. 3
C. 4
D. 5
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Crawford University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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