Post Utme Bells University 2023 Economics Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Bells University Economics examination.

Post Utme Bells University 2023 Economics Objective / Multiple Choice
Question 32 POST_UTME_BELLS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption is ₦100 billion, investment is ₦50 billion, government sp\ending is ₦75 billion, exports are ₦200 billion, and imports are ₦150 billion, what is the country's GDP?

Answer Options

A. ₦425 billion
B. ₦450 billion
Correct Answer C. ₦475 billion
D. ₦500 billion
Correct Answer
C
Correct Option:
₦475 billion

About This Question

This is Post Utme Bells University 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Bells University Economics examination.

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