Post Utme Esut 2020 Economics Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 35 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A country's national income is given by the following equation: NI = 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, what is the country's national income?

Answer Options

A. ₦1.2 trillion
B. ₦1.3 trillion
Correct Answer C. ₦1.4 trillion
D. ₦1.5 trillion
Correct Answer
C
Correct Option:
₦1.4 trillion

About This Question

This is Post Utme Esut 2020 Economics Question 35. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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