Post Utme Joseph Ayo Babalola University 2017 Economics Question 40
Practice objective / multiple choice question 40 from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.
A country's national income is given by the equation Y = C + I + G + \( X - M \), where Y is the national income, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the consumption is 100, investment is 50, government sp\ending is 75, exports are 150, and imports are 75, what is the country's national income?
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This is Post Utme Joseph Ayo Babalola University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.
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