Post Utme Delsu 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_DELSU • 2017 • 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 ₦200 billion, investment is ₦50 billion, government sp\ending is ₦100 billion, exports are ₦500 billion, and imports are ₦600 billion, what is the country's GDP?

Answer Options

A. ₦750 billion
B. ₦800 billion
C. ₦850 billion
Correct Answer D. ₦900 billion
Correct Answer
D
Correct Option:
₦900 billion

About This Question

This is Post Utme Delsu 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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