Post Utme Christopher University 2018 Economics Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 35 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • 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, find the value of the country's GNP.

Answer Options

Correct Answer A. ₦1200
B. ₦1100
C. ₦1000
D. ₦900
Correct Answer
A
Correct Option:
₦1200

About This Question

This is Post Utme Christopher University 2018 Economics Question 35. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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