Ajanka, a medical student entitled to an annual allowance of N6,000, decides to leave the...
ECONOMICS
JAMB 1995
Ajanka, a medical student entitled to an annual allowance of N6,000, decides to leave the university to take up a job where he earns N7,000 per annum. By this singular act, the national income level will?
- A. increase by N1,000
- B. decrease by N 7,000
- C. increase by N7,000
- D. increase by N 13,000
Correct Answer: C. increase by N7,000
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