Post Utme Al Hikmah University 2021 Economics Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Al Hikmah University Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the country's GDP is $100 billion, consumption is $60 billion, investment is $20 billion, government sp\ending is $15 billion, exports are $30 billion, and imports are $25 billion, what is the country's trade balance?
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About This Question
This is Post Utme Al Hikmah University 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.
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