Post Utme Madonna University 2018 Economics Question 37
Practice objective / multiple choice question 37 from the 2018 Post Utme Madonna University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is 100, consumption is 30, investment is 20, government sp\ending is 10, exports are 20, and imports are 10, what is the value of the marginal propensity to consume?
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About This Question
This is Post Utme Madonna University 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.
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