Given: Investment = N100 million
Consumption...
Given: Investment = N100 million
Consumption = N200 m + 0.75Y
Y = C + I
where, Y = Income, C = Consumption and where
I = Investment
What is the income level to the nearest million?
N100 Million
N300 Million
N1,000 Million
N1,200 Million
Correct answer is D
No explanation has been provided for this answer.
If the fixed cost of a firm is 800.00 Naira and it's variable cost is 2,700 Naira while it's...
Increasing returns to scale suggests that ...
The major objective of current campaign for family planning in Nigeria is to? ...
Which of the following is not appropriate in calculating national income figures? ...
An economic goods is described as a good which ...
The overall demand for crude oil for various uses is an example of __________? ...
The financial institution known as a building society is ...
When the demand for a commodity is inelastic, who bears the greater burden of the indirect tax? ...
IBRD as an international monetary institution is concerned with the ...