Post Utme Futo 2019 Economics Question 27
Practice objective / multiple choice question 27 from the 2019 Post Utme Futo Economics examination.
A country is experiencing a recession and the government is considering implementing a fiscal policy to stimulate the economy. If the government increases government sp\ending by $100 billion and the marginal propensity to consume is 0.8, what is the multiplier effect on aggregate demand?
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About This Question
This is Post Utme Futo 2019 Economics Question 27. It is one of the objective questions from the 2019 Post Utme Futo Economics examination.
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