Question 0
If the government invest the sum of N1,000,000.00 and the marginal propensity to consume is 0.75, what is the change in income?
Objective
Question details
- Exam body
- JAMB
- Subject
- Economics
- Year
- 1990
- Question no.
- #0
- Type
- Objective
More from this paper
- Q0If one orange costs 20k and one kilogram of beef costs N10.00, the opportunity…
- Q0In economic life, choice among alternatives depends on the?
- Q0One of the major advantages of specialization is that?
- Q0Which of following rewards is associated with entrepreneurship as a factor of…
- Q0A firm achieves least-cost in production by substituting factors until?
- Q0Economics of scale operate only when?