Post Utme Aaua 2021 Economics Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice

Question 31 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A country's GDP is calculated as the sum of all final goods and services produced within its borders. However, if a country imports goods and services, should they be included in the GDP calculation?

A. Yes, imports should be included in the GDP calculation.

Correct Answer B. No, imports should not be included in the GDP calculation.

C. Imports should be included only if they are used as intermediate goods.

D. Imports should be included only if they are used as final goods.

Correct Answer

Correct Option:

No, imports should not be included in the GDP calculation.

This is Post Utme Aaua 2021 Economics Question 31. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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