Post Utme Afe Babalola University 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦200 billion, determine the country's GDP.

Answer Options

A. ₦1.5 trillion
B. ₦1.8 trillion
Correct Answer C. ₦2.0 trillion
D. ₦2.2 trillion
Correct Answer
C
Correct Option:
₦2.0 trillion

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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