Post Utme Ui 2024 Economics Question 17
Practice objective / multiple choice question 17 from the 2024 Post Utme Ui Economics examination.
A country's GDP is given by the equation Y = C + I + G, where Y is GDP, C is consumption, I is investment, and G is government sp\ending. If the country's GDP is $100 billion, consumption is $60 billion, investment is $20 billion, and government sp\ending is $10 billion, what is the marginal propensity to consume?
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About This Question
This is Post Utme Ui 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Ui Economics examination.
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