Post Utme Delsu 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Delsu Economics examination.

Post Utme Delsu 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_DELSU • 2018 • ECONOMICS • objective

A country's GDP is ₦1.2 trillion, its GNP is ₦1.3 trillion, and its national savings rate is 20%. What is the country's marginal propensity to consume?

Answer Options

Correct Answer A. 0.6
B. 0.7
C. 0.8
D. 0.9
Correct Answer
A
Correct Option:
0.6

About This Question

This is Post Utme Delsu 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.

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