Post Utme Futo 2021 Economics Question 33
Practice objective / multiple choice question 33 from the 2021 Post Utme Futo Economics examination.
A country's GDP can be calculated u\sing the formula: 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 a country's GDP is ₦100 billion, its consumption is ₦50 billion, its investment is ₦20 billion, its government sp\ending is ₦15 billion, its exports are ₦30 billion, and its imports are ₦25 billion, what is the value of its net exports?
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About This Question
This is Post Utme Futo 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.
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