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If MPC = 2/3 And Investment Is N100 Million; The Level Of National Income Is? - Erudites Academy
Economics JAMB

If MPC = 2/3 and investment is N100 million; the level of national income is?

A. N100 million
B. N10 million
C. N303 million
D. N300 million

Correct Answer:

Option D = N300 million

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