Post Utme Osustech 2021 Economics Question 28
Practice objective / multiple choice question 28 from the 2021 Post Utme Osustech Economics examination.
A country's budget constraint is given by C + I + G = 100, where C is consumption, I is investment, and G is government sp\ending. If the country's consumption function is C = 20 + 0.5Y and investment function is I = 10 + 0.2Y, where Y is income, what is the country's optimal level of government sp\ending?
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About This Question
This is Post Utme Osustech 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.
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