Post Utme Bells University 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Bells University Economics examination.

Post Utme Bells University 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_BELLS_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦200 billion, what is the country's GDP?

Answer Options

A. ₦1200 billion
Correct Answer B. ₦1500 billion
C. ₦1800 billion
D. ₦2000 billion
Correct Answer
B
Correct Option:
₦1500 billion

About This Question

This is Post Utme Bells University 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.

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