Post Utme Bowen University 2022 Economics Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is ₦1000, consumption is ₦300, investment is ₦200, government sp\ending is ₦150, exports are ₦250, and imports are ₦100, what is the value of X?

Answer Options

A. ₦400
B. ₦450
Correct Answer C. ₦500
D. ₦550
Correct Answer
C
Correct Option:
₦500

About This Question

This is Post Utme Bowen University 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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