Post Utme Oau 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Oau Economics examination.

Post Utme Oau 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_OAU • 2019 • ECONOMICS • objective

A country's GDP is given by \( GDP = C + I + G \), where ( C ) is consumption, ( I ) is investment, and ( G ) is government sp\ending. If the country's consumption function is given by \( C = 100 + 0.8Y \), where ( Y ) is income, and the country's investment function is given by \( I = 20 + 0.2Y \), what is the value of \( \frac{partial GDP}{partial Y} \) when ( Y = 1000 ?

Answer Options

A. 1.6
B. 1.8
Correct Answer C. 2.0
D. 2.2
Correct Answer
C
Correct Option:
2.0

About This Question

This is Post Utme Oau 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Oau Economics examination.

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