Post Utme Rhema University 2022 Economics Question 4
Practice objective / multiple choice question 4 from the 2022 Post Utme Rhema University Economics examination.
A country's GDP is given by GDP = C + I + G + \( X - M \). The country's consumption function is given by C = 0.8Y, where Y is national income. The country's investment function is given by I = 0.2Y. The government's exp\enditure is ₦100. The country's exports are ₦200 and imports are ₦150. Find the country's national income.
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About This Question
This is Post Utme Rhema University 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Rhema University Economics examination.
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