Post Utme Veritas University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_VERITAS_UNIVERSITY • 2025 • ECONOMICS • objective

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 500, the investment is 200 and the government exp\enditure is 300, what is the national income?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1500
D. 1800
Correct Answer
C
Correct Option:
1500

About This Question

This is Post Utme Veritas University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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