Post Utme Lasu 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_LASU • 2025 • ECONOMICS • objective

Determine the value of the marginal propensity to consume (MPC) in a closed economy with a GDP of ₦1.2 trillion, a government exp\enditure of ₦250 billion, and a tax rate of 20%.

Answer Options

A. 0.25
Correct Answer B. 0.30
C. 0.35
D. 0.40
Correct Answer
B
Correct Option:
0.30

About This Question

This is Post Utme Lasu 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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