Post Utme Christopher University 2019 Commerce Question 40
Practice objective / multiple choice question 40 from the 2019 Post Utme Christopher University Commerce examination.
A country's GDP is given by the equation GDP = C + I + G + (X - M), where GDP is the gross domestic product, C is the consumption, I is the investment, G is the government spending, X is the value of exports, and M is the value of imports. If the country's consumption is ₦100 billion, its investment is ₦50 billion, its government spending is ₦20 billion, its exports are worth ₦100 billion, and its imports are worth ₦120 billion, what is the GDP?
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About This Question
This is Post Utme Christopher University 2019 Commerce Question 40. It is one of the objective questions from the 2019 Post Utme Christopher University Commerce examination.
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