Post Utme Elizade University 2025 Economics Question 27
Practice objective / multiple choice question 27 from the 2025 Post Utme Elizade University Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the country's GDP is ₦10 trillion, and the consumption is ₦3 trillion, the investment is ₦1 trillion, the government sp\ending is ₦2 trillion, the exports are ₦4 trillion, and the imports are ₦2 trillion, calculate the value of the country's imports.
Answer Options
About This Question
This is Post Utme Elizade University 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.