Post Utme Joseph Ayo Babalola University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

The formula for calculating the National Income (NI) is given by: \( NI = C + I + G \). What does the term \( C \) represent?

Answer Options

Correct Answer A. Consumption
B. Investment
C. Government Exp\enditure
D. Net Exports
Correct Answer
A
Correct Option:
Consumption

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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