JAMB - Economics (1995 - No. 40)
Ajanka, a medical student entitled to an annual allowance of N6,000, decides to leave the university to take up a job where he earns N7,000 per annum. By this singular act, the national income level will?
increase by N1,000
decrease by N 7,000
increase by N7,000
increase by N 13,000