Post Utme Bsu 2021 Economics Question 29
Practice objective / multiple choice question 29 from the 2021 Post Utme Bsu Economics examination.
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 billion, its consumption is ₦300 billion, its investment is ₦200 billion, its government sp\ending is ₦150 billion, its exports are ₦250 billion, and its imports are ₦100 billion, what is the country's trade balance?
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About This Question
This is Post Utme Bsu 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.
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