Post Utme Elizade University 2018 Economics Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2018 Economics Objective / Multiple Choice
Question 14 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ECONOMICS • objective

A country is faced with a budget constraint given by the equation C + I + G = Y, where C is consumption, I is investment, G is government sp\ending, and Y is national income. If the country wants to increase its national income by 10%, how much should it increase its government sp\ending?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Elizade University 2018 Economics Question 14. It is one of the objective questions from the 2018 Post Utme Elizade University Economics examination.

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