Given that Y = C + 1; where C = 50 + 0.75 and 1 = N45m; what is the equilibrium level of income? by Sunday | Oct 19 | Economics JAMB | 0 comments A. N20m B. N380m C. N200m D. N180m Correct Answer: Option B – N380m Users Also Read These:A body was slightly displaced from its equilibrium…For a reaction in equilibrium; the species involved…Given a market demand curve Q=120-2p and a supply…If national income rises by 6% and population rise…Consider the equilibrium reaction represented by the…