If C stands for consumption expenditure, I for investment, X for exports, and M for...

Resources

Information

Economics JAMB 1989

If C stands for consumption expenditure, I for investment, X for exports, and M for imports, then national income is?

C + I + X + M
C + I +X - M
C + I - X + M
C + I + X

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.

Previous Question Next Question

Resources

Information

If C stands for consumption expenditure, I for investment, X for exports, and M for…

The correct answer is: B

Explanation

Leave A Comment