Post Utme Coal City University 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • 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 consumption is $100, investment is $50, government sp\ending is $20, exports are $80, and imports are $60, what is the GDP?

Answer Options

A. $180
B. $200
Correct Answer C. $220
D. $240
Correct Answer
C
Correct Option:
$220

About This Question

This is Post Utme Coal City University 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Coal City University Economics examination.

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