Post Utme Rhema University 2017 Economics Question 18
Practice objective / multiple choice question 18 from the 2017 Post Utme Rhema University Economics examination.
The national income of a country is given by the equation Y = C + I + G, where Y is the national income, C is the consumption, I is the investment and G is the government exp\enditure. If the consumption is 60% of the national income, the investment is 20% of the national income and the government exp\enditure is 10% of the national income, what is the value of the national income?
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About This Question
This is Post Utme Rhema University 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.
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