Post Utme Futo 2025 Economics Question 27
Practice objective / multiple choice question 27 from the 2025 Post Utme Futo Economics examination.
A country's GDP is given by the equation Y = C + I + G, where Y is the total output, C is the consumption, I is the investment, and G is the government sp\ending. If the country's GDP is ₦1,500 billion, and the consumption is ₦800 billion, the investment is ₦200 billion, and the government sp\ending is ₦500 billion, what is the value of the marginal propensity to consume?
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About This Question
This is Post Utme Futo 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.
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