Post Utme Afe Babalola University 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). What is the meaning of the term \( X - M \)?

Answer Options

Correct Answer A. Net exports
B. Imports
C. Exports
D. Gross domestic product
Correct Answer
A
Correct Option:
Net exports

About This Question

This is Post Utme Afe Babalola University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Economics examination.

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