Post Utme Covenant University 2022 Economics Question 4
Practice objective / multiple choice question 4 from the 2022 Post Utme Covenant University Economics examination.
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 country's consumption is 500 billion naira, its investment is 200 billion naira, its government sp\ending is 300 billion naira, its exports are 100 billion naira, and its imports are 150 billion naira, what is the country's GDP?
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About This Question
This is Post Utme Covenant University 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.
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