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?

  • N380m checkmark
  • N20m
  • N180m
  • N200m

The correct answer is: A

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