ASSIGNMENT ON ACC 316-PUBLIC FINANCE FOR BOTH FULL TIME AND PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

                               "IN ALL YOUR GETTING GET WISDOM". 

NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.

TO WHOM: 

* HND ACCOUNTANCY ( FULL TIME)

* HND BUSINESS ADMINISTRATION ( FULL TIME AND PART TIME)

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ASSIGNMENT
1.  The following information relate to Feyikogbon Economy:

C = N500million + 0.65yd

I = N25million

G = N75million

X = N30million

M = N20million + 0.2y

T = N10million + 0.1y

Required: calculate:

(a) National Income                (b) Total Consumption            (c) Total Importation

(d) Total Taxation

2.  The following information relate to Alatise Economy:

C = 350 + 0.75 Yd

I = N50 Million

G = N150 Million

X = N30 Million

M = 10 + 0.1Y

T = 20 + 0.2Y

Required:

(a) Calculate the National Income.

(b)  Calculate the New National Income if consumption increased to N500 Million, Investment increased by N150 Million and Government increased to N200 Million.

BEST OF LUCK!