Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium...

ECONOMICS
JAMB 2005

Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?

  • A. N380m
  • B. N20m
  • C. N180m
  • D. N200m

Correct Answer: A. N380m



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