Post Utme Covenant University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_COVENANT_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + X - M, where C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the consumption is 500, the investment is 200, the government sp\ending is 300, the exports are 100, and the imports are 80, what is the GDP?

Answer Options

A. 1200
B. 1300
Correct Answer C. 1400
D. 1500
Correct Answer
C
Correct Option:
1400

About This Question

This is Post Utme Covenant University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.

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