Post Utme Coal City University 2024 Economics Question 4
Practice objective / multiple choice question 4 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 increases by 10%, investment decreases by 5%, government sp\ending increases by 20%, exports increase by 15%, and imports decrease by 10%, what is the percentage change in GDP?
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About This Question
This is Post Utme Coal City University 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.
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