Post Utme Joseph Ayo Babalola University 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's national income (NI) is given by the equation: NI = C + I + G, where C is consumption, I is investment, and G is government exp\enditure. If the consumption is ₦500 billion, investment is ₦200 billion, and government exp\enditure is ₦300 billion, what is the value of the national income?

Answer Options

A. ₦1,000 billion
B. ₦1,200 billion
Correct Answer C. ₦1,500 billion
D. ₦2,000 billion
Correct Answer
C
Correct Option:
₦1,500 billion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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