Post Utme Futo 2020 Economics Question 9
Practice objective / multiple choice question 9 from the 2020 Post Utme Futo Economics examination.
A country's GDP is given by the equation: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦500 billion, investment (I) is ₦200 billion, government sp\ending (G) is ₦300 billion, exports (X) are ₦400 billion, and imports (M) are ₦300 billion, what is the GDP?
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About This Question
This is Post Utme Futo 2020 Economics Question 9. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.
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