Post Utme Joseph Ayo Babalola University 2018 Economics Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2018 Economics Objective / Multiple Choice
Question 9 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is ₦100 billion, its consumption is ₦80 billion, and its investment is ₦15 billion. What is the country's savings rate?

Answer Options

A. 0.15
Correct Answer B. 0.20
C. 0.25
D. 0.30
Correct Answer
B
Correct Option:
0.20

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

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