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Question 0

The income of an individual increases from N150 to N250 and his consumption rate increases from N100 to N150. Calculate the Marginal Propensity to Consume

  • A.2
  • B.0.4
  • C.1
  • D.0.5
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2015
Question no.
#0
Type
Objective
Previous · Q0The term of trade can be expressed as Next · Q0 The study of broad economic aggregates is

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