Post Utme Crawford University 2022 Economics Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2022 Economics Objective / Multiple Choice
Question 20 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is given by GDP = C + I + G + \( X - M \). If the country's consumption is ₦100 billion, investment is ₦20 billion, government sp\ending is ₦30 billion, exports are ₦50 billion, and imports are ₦20 billion, what is the country's GDP?

Answer Options

A. ₦200 billion
B. ₦250 billion
C. ₦300 billion
Correct Answer D. ₦350 billion
Correct Answer
D
Correct Option:
₦350 billion

About This Question

This is Post Utme Crawford University 2022 Economics Question 20. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.

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