Post Utme Oau 2022 Economics Question 10
Practice objective / multiple choice question 10 from the 2022 Post Utme Oau Economics examination.
A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment, and G is the government sp\ending. If the consumption function is given by C = 100 + 0.8Y, the investment function is given by I = 20 + 0.2Y, and the government sp\ending is given by G = 50, what is the country's GDP?
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About This Question
This is Post Utme Oau 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.
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