Utme 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 5 UTME • 2019 • ECONOMICS • objective

Given that Y = C + 1 and C=bY where b = 0.8,what is the multiplier?

Answer Options

A. 4
B. 2
C. 10
Correct Answer D. 5
Correct Answer
D
Correct Option:
5

About This Question

This is Utme 2019 Economics Question 5. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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