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JAMB Economics 2012 Objective — Question 29

Question 29 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2012 Objective paper, with the correct answer and a full explanation.

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(Using the same information as Q28) The multiplier is

  • A. 8
  • B. 4Correct
  • C. 3
  • D. 2

Explanation

The multiplier is 1/MPS = 1/0.25 = 4.

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