Post Utme Esut 2019 Economics Question 10
Practice objective / multiple choice question 10 from the 2019 Post Utme Esut Economics examination.
A country's GDP is given by the following equation: GDP = C + I + G + \( X - M \), where C is the consumption, I is the investment, G is the government sp\ending, X is the value of exports, and M is the value of imports. If the consumption is ₦500 billion, the investment is ₦200 billion, the government sp\ending is ₦300 billion, the value of exports is ₦100 billion, and the value of imports is ₦120 billion, calculate the GDP.
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About This Question
This is Post Utme Esut 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.
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