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Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?
Classroom
Economics Classroom
Jamb
Jamb 2005
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Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
N380m
B
N20m
C
N180m
D
N200m
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Correct Answer:
Option A
Explanation:
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