Given: Investment = N100 million
Consumption...
Given: Investment = N100 million
Consumption = N200 m + 0.75Y
Y = C + I
where, Y = Income, C = Consumption and where
I = Investment
What is the income level to the nearest million?
N100 Million
N300 Million
N1,000 Million
N1,200 Million
Correct answer is D
No explanation has been provided for this answer.
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