If the government invest the sum of N1 000 000 ... - JAMB Economics 1990 Question
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?
A
N1,000 000.00
B
N4,000 000.00
C
N6,000 000.00
D
N14,000,000.00
correct option: b
Please share this, thanks:
Add your answer
No responses