Post Utme Eksu 2020 Economics Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 32 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption is 60% of its GDP, investment is 20% of its GDP, government sp\ending is 10% of its GDP, and net exports are 10% of its GDP, find the country's GDP.

Answer Options

A. ₦1000
B. ₦1200
Correct Answer C. ₦1500
D. ₦1800
Correct Answer
C
Correct Option:
₦1500

About This Question

This is Post Utme Eksu 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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