Post Utme Futa 2020 Economics Question 12
Practice objective / multiple choice question 12 from the 2020 Post Utme Futa Economics examination.
A government budget is given by the equation \( B = 1000 + 0.5Y - 0.01Y^2 \), where ( Y ) is the level of economic activity. If the government budget is balanced at a level of economic activity of ₦100 billion, what is the value of the marginal propensity to consume?
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About This Question
This is Post Utme Futa 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.
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