Post Utme Futa 2020 Economics Question 34
Practice objective / multiple choice question 34 from the 2020 Post Utme Futa Economics examination.
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 increases by 10% and the value of exports increases by 15%, what is the percentage change in the value of imports?
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About This Question
This is Post Utme Futa 2020 Economics Question 34. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.
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