Post Utme Futa 2024 Economics Question 24
Practice objective / multiple choice question 24 from the 2024 Post Utme Futa Economics examination.
A country's GDP is given by the 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 exports and M is the imports. If the country's GDP is $100 billion, consumption is $50 billion, investment is $20 billion, government sp\ending is $15 billion, exports are $30 billion and imports are $25 billion, what is the value of X?
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About This Question
This is Post Utme Futa 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Futa Economics examination.
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