Post Utme Coal City University 2024 Economics Question 20
Practice objective / multiple choice question 20 from the 2024 Post Utme Coal City University Economics examination.
A country's GDP is given by the following 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 $500 billion, investment is $200 billion, government sp\ending is $300 billion, exports are $100 billion, and imports are $120 billion, what is the country's GDP?
Answer Options
About This Question
This is Post Utme Coal City University 2024 Economics Question 20. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.