Telegram group: T.me/BBCNOUN
[ECO341] Net National Product is defined as…..
NNP = GNP – DEPRECIATION

[ECO341] Given I = Io + iY, MPI is calculated as ……
i = ΔI/ΔY

[ECO341] The following are topics under macroeconomics except
Theory of price and wage determination

[ECO341] One of the forces that can shift marginal efficient of investment (MEI) either to the left or to the right include
All of the options

[ECO341] Given a saving function S = - 25 + 0.3Yd, derive the consumption function.
C = 25 + 0.7Yd

[ECO341] The concept of national Income include except
Aggregate Expenditure

[ECO341] Internal balance achievement of macroeconomic stability include…….
All of the options

[ECO341] What is macroeconomics?
It is the study of aggregate variables in an economy such as total consumption level, autonomous investment and government expenditure.

[ECO341] One of the problems associated with the barter systems include…….
All of the options

[ECO341] C = F(Yd) means….
Consumption is expressed as a function of disposable income