Post Utme Covenant University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_COVENANT_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). What is the name of the term \( X - M \)?

Answer Options

Correct Answer A. Net exports
B. Gross domestic product
C. Gross national product
D. National income
Correct Answer
A
Correct Option:
Net exports

About This Question

This is Post Utme Covenant University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.

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