Post Utme Elizade University 2017 Economics Question 3
Practice objective / multiple choice question 3 from the 2017 Post Utme Elizade 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 country's GDP is ₦100 billion, and the values of C, I, G, X, and M are ₦50 billion, ₦20 billion, ₦15 billion, ₦30 billion, and ₦10 billion respectively, what is the value of X?
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About This Question
This is Post Utme Elizade University 2017 Economics Question 3. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.
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