ECONOMICS

JAMB 2010 - Question 29

Economics 2010 JAMB Past Questions - Question 29: If MPC is 0.7 while government expenditure increased by #150m, the equilibrium national income is

Choose the most appropriate option for the gap .
If MPC is 0.7 while government expenditure increased by #150m, the equilibrium national income is
A:
B:
C:
D:
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Correct Answer

C

Explanation