Post Utme Esut 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 12 POST_UTME_ESUT • 2020 • ECONOMICS • objective

The GDP of a country is given by the equation \( GDP = C + I + G + \( X - M \ \) ). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦200 billion, find the country's GDP.

Answer Options

Correct Answer A. ₦1.1 trillion
B. ₦1.2 trillion
C. ₦1.3 trillion
D. ₦1.4 trillion
Correct Answer
A
Correct Option:
₦1.1 trillion

About This Question

This is Post Utme Esut 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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