Post Utme Babcock University 2017 Economics Question 8
Practice objective / multiple choice question 8 from the 2017 Post Utme Babcock University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where 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 consumption is ₦100 billion, investment is ₦20 billion, government sp\ending is ₦30 billion, exports are ₦50 billion and imports are ₦20 billion, find the GDP.
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About This Question
This is Post Utme Babcock University 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Babcock University Economics examination.
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