Post Utme Elizade University 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice
Question 15 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is given by the equation: GDP = C + I + G + \( X - M \). If C = ₦100 billion, I = ₦20 billion, G = ₦30 billion, X = ₦150 billion, and M = ₦80 billion, what is the country's GDP?

Answer Options

A. ₦220 billion
B. ₦230 billion
C. ₦240 billion
Correct Answer D. ₦250 billion
Correct Answer
D
Correct Option:
₦250 billion

About This Question

This is Post Utme Elizade University 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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