Question on: JAMB Economics - 1997
Given: Investment = N100 million
Consumption = N200 m + 0.75Y <br />
Y = C + I<br />
where, Y =Income, C = Consumption and where
I = Investment<br />
What is the income level to the nearest million?
A
N100 Million
B
N300 Million
C
N1,000 Million
D
N1,200 Million
Ask EduPadi AI for a detailed answer
Correct Option: D
Add your answer
Please share this, thanks!
No responses