Post Utme Bowen University 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_BOWEN_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment, and G is the government sp\ending. If the consumption is ₦100 billion, the investment is ₦20 billion, and the government sp\ending is ₦30 billion, what is the GDP?

Answer Options

A. ₦150 billion
B. ₦160 billion
Correct Answer C. ₦170 billion
D. ₦180 billion
Correct Answer
C
Correct Option:
₦170 billion

About This Question

This is Post Utme Bowen University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Bowen University Economics examination.

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