Post Utme Bsu 2022 Economics Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Bsu Economics examination.

Post Utme Bsu 2022 Economics Objective / Multiple Choice
Question 9 POST_UTME_BSU • 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 billion, and the values of C, I, G, X, and M are ₦300 billion, ₦200 billion, ₦150 billion, ₦250 billion, and ₦100 billion respectively, what is the value of exports?

Answer Options

A. ₦250 billion
B. ₦300 billion
Correct Answer C. ₦350 billion
D. ₦400 billion
Correct Answer
C
Correct Option:
₦350 billion

About This Question

This is Post Utme Bsu 2022 Economics Question 9. It is one of the objective questions from the 2022 Post Utme Bsu Economics examination.

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