Post Utme Afe Babalola University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

U\sing the concept of national income accounting, calculate the GDP of Nigeria in 2020, given the following data: Consumer Sp\ending = ₦10 trillion, Investment = ₦2 trillion, Government Sp\ending = ₦3 trillion, and Net Exports = ₦1 trillion.

Answer Options

A. ₦16 trillion
B. ₦18 trillion
Correct Answer C. ₦20 trillion
D. ₦22 trillion
Correct Answer
C
Correct Option:
₦20 trillion

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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