Post Utme Elizade University 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_ELIZADE_UNIVERSITY • 2025 • 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 GDP is 100 billion, consumption is 60 billion, investment is 10 billion, government sp\ending is 20 billion, exports are 30 billion, and imports are 20 billion, find the country's GDP.

Answer Options

Correct Answer A. 100 billion
B. 120 billion
C. 140 billion
D. 160 billion
Correct Answer
A
Correct Option:
100 billion

About This Question

This is Post Utme Elizade University 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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