Post Utme Futo 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Futo Economics examination.

Post Utme Futo 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_FUTO • 2019 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G. If the country's current GDP is ₦100 billion, and the government's current exp\enditure is ₦20 billion, while the country's current investment is ₦30 billion, calculate the country's current consumption.

Answer Options

A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
Correct Answer D. ₦50 billion
Correct Answer
D
Correct Option:
₦50 billion

About This Question

This is Post Utme Futo 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Futo Economics examination.

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