Post Utme Afe Babalola University 2025 Economics Question 8
Practice objective / multiple choice question 8 from the 2025 Post Utme Afe Babalola University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is ₦500 billion, consumption is ₦150 billion, investment is ₦50 billion, government sp\ending is ₦100 billion, exports are ₦200 billion, and imports are ₦50 billion, what is the value of X - M?
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This is Post Utme Afe Babalola University 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.
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