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?

Assessment: JAMB UTME - Economics - 1990 Subject: Economics

Question 1 Report

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?

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Past Papers Across IGCSE, JAMB, WAEC & NECO
Over 3000 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning