Post Utme Unilorin 2021 Economics Question 3
Practice objective / multiple choice question 3 from the 2021 Post Utme Unilorin Economics examination.
A country's GDP is given by \( GDP = 1000 + 200Y - 50X \), where Y is government exp\enditure and X is taxes. If government exp\enditure increases by 10% and taxes decrease by 5%, what is the percentage change in GDP?
Answer Options
About This Question
This is Post Utme Unilorin 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Unilorin Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.