Post Utme Babcock University 2020 Economics Question 34
Practice objective / multiple choice question 34 from the 2020 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 GDP is 100 billion naira, consumption is 30 billion naira, investment is 20 billion naira, government sp\ending is 15 billion naira, exports are 25 billion naira and imports are 10 billion naira, what is the value of the country's net exports?
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About This Question
This is Post Utme Babcock University 2020 Economics Question 34. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.
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