Post Utme Uniosun 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNIOSUN • 2018 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is 100,000, consumption is 30,000, investment is 20,000, government sp\ending is 15,000, exports are 25,000, and imports are 10,000, what is the value of the marginal propensity to consume (MPC)?

Answer Options

A. 0.2
Correct Answer B. 0.3
C. 0.4
D. 0.5
Correct Answer
B
Correct Option:
0.3

About This Question

This is Post Utme Uniosun 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.

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