Post Utme Caleb University 2023 Economics Question 13
Practice objective / multiple choice question 13 from the 2023 Post Utme Caleb University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption function is C = 100 + 0.8Y, its investment function is I = 50 + 0.2Y, its government sp\ending is G = 200, its exports are X = 500, and its imports are M = 300, what is the country's GDP?
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This is Post Utme Caleb University 2023 Economics Question 13. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.
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