Post Utme Christopher University 2019 Economics Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2019 Economics Objective / Multiple Choice
Question 23 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ECONOMICS • objective

A country's GDP can be calculated u\sing the following formula: GDP = C + I + G + \( X - M \). If the country's consumption is ₦100 billion, investment is ₦50 billion, government sp\ending is ₦75 billion, exports are ₦200 billion, and imports are ₦150 billion, what is the country's GDP?

Answer Options

A. ₦425 billion
Correct Answer B. ₦450 billion
C. ₦475 billion
D. ₦500 billion
Correct Answer
B
Correct Option:
₦450 billion

About This Question

This is Post Utme Christopher University 2019 Economics Question 23. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.

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