Post Utme Coal City University 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is given by 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 current GDP is 100 billion naira, and the current values of C, I, G, X, and M are 30, 20, 15, 25, and 10 billion naira, respectively, what is the value of the country's net exports?

Answer Options

A. ₦5 billion
B. ₦10 billion
Correct Answer C. ₦15 billion
D. ₦20 billion
Correct Answer
C
Correct Option:
₦15 billion

About This Question

This is Post Utme Coal City University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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