Post Utme Bowen University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_BOWEN_UNIVERSITY • 2018 • 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. 1,500,000,000,000
B. 1,600,000,000,000
Correct Answer C. 1,700,000,000,000
D. 1,800,000,000,000
Correct Answer
C
Correct Option:
1,700,000,000,000

About This Question

This is Post Utme Bowen University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Bowen University Economics examination.

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