If MPC = 2/3 and investment is N100 million, the level of national income is
ECONOMICS
JAMB 2014
If MPC = 2/3 and investment is N100 million, the level of national income is
- A. N100 million
- B. N10 million
- C. N303 million
- D. N300 million
Correct Answer: D. N300 million
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *

