Utme 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Utme Economics examination. This question covers Economics .

Utme 2018 Economics Objective / Multiple Choice 3 Difficulty
Topic: Economics
Question 34 UTME • 2018 • ECONOMICS • objective

Given that Y = C + I, where C = 50 + 0.75 and I = 45m, what is the equilibrium level of income?

Answer Options

A. ₦420m
Correct Answer B. ₦380m
C. ₦200m
D. ₦180m
Correct Answer
B
Correct Option:
₦380m

About This Question

This is Utme 2018 Economics Question 34. It is one of the objective questions from the 2018 Utme Economics examination.

The question covers Economics .

Difficulty level: 3 .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support