Post Utme Crawford University 2022 Economics Question 30
Practice objective / multiple choice question 30 from the 2022 Post Utme Crawford University Economics examination.
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 value of consumption is ₦500 billion, the value of investment is ₦200 billion, the value of government sp\ending is ₦300 billion, the value of exports is ₦100 billion, and the value of imports is ₦120 billion, what is the GDP?
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About This Question
This is Post Utme Crawford University 2022 Economics Question 30. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.
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