Post Utme Abu 2017 Economics Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Abu Economics examination.

Post Utme Abu 2017 Economics Objective / Multiple Choice
Question 12 POST_UTME_ABU • 2017 • ECONOMICS • objective

A country's GDP is given by the formula \( GDP = C + I + G + \( X - M \ \) ). If the country's GDP is $100 billion and the government exp\enditure is $20 billion, what is the value of the net exports?

Answer Options

A. $10 billion
B. $20 billion
Correct Answer C. $30 billion
D. $40 billion
Correct Answer
C
Correct Option:
$30 billion

About This Question

This is Post Utme Abu 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Abu Economics examination.

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