Post Utme Coal City University 2020 Economics Question 30
Practice objective / multiple choice question 30 from the 2020 Post Utme Coal City University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption function is C = 100 + 0.8Y, its investment function is I = 50 + 0.2Y, its government sp\ending function is G = 200, its export function is X = 500 + 0.5Y, and its import function is M = 300 + 0.3Y, what is the country's GDP when Y = 1000?
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This is Post Utme Coal City University 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Coal City University Economics examination.
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