Post Utme Nile University 2018 Economics Question 31
Practice objective / multiple choice question 31 from the 2018 Post Utme Nile University Economics examination.
The marginal propensity to consume (MPC) is defined as the change in consumption (C) resulting from a unit change in disposable income (Y). If the MPC is 0.8, what is the change in consumption (C) if disposable income (Y) increases by ₦100?
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About This Question
This is Post Utme Nile University 2018 Economics Question 31. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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