If the marginal propensity to consume is 0.75 and private investment increases by N10 billion while government expenditure decreases by N15 billion, GDP will decrease by? by Sunday | Aug 2 | Economics WAEC | 0 comments A. N12 billion B. N15 billion C. N20 billion D. N25 billion Correct Answer: Option D – N25 billion Users Also Read These:In a closed economy; the marginal propensity to…The term marginal propensity to consume can best be…If price of yams decreases from N15.00 per tuber to…If the GDP is N60 billion; what is the difference…If the country's GNP in the current year is N50…