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 ...

Assessment: JAMB UTME - Economics - 1997 Subject: Economics

Question 1 Report

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?

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