Post Utme Covenant University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_COVENANT_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is given by the 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 100, investment is 50, government sp\ending is 20, exports are 80, and imports are 60, what is the GDP?

Answer Options

A. 150
B. 160
C. 170
Correct Answer D. 180
Correct Answer
D
Correct Option:
180

About This Question

This is Post Utme Covenant University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Covenant University Economics examination.

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