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

Economics

JAMB 2014

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

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Correct Answer: Option D

Explanation

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

Correct Answer: Option D

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