Post Utme Afe Babalola University 2024 Economics Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2024 Economics Objective / Multiple Choice
Question 8 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's current consumption, investment, government sp\ending, exports, and imports are C = 100, I = 50, G = 75, X = 150, and M = 120, what is the country's GDP?

Answer Options

A. 275
B. 300
Correct Answer C. 325
D. 350
Correct Answer
C
Correct Option:
325

About This Question

This is Post Utme Afe Babalola University 2024 Economics Question 8. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Economics examination.

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