Post Utme Futo 2025 Economics Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Futo Economics examination.

Post Utme Futo 2025 Economics Objective / Multiple Choice
Question 38 POST_UTME_FUTO • 2025 • ECONOMICS • objective

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 is $100 billion, consumption is $50 billion, investment is $20 billion, government sp\ending is $15 billion, exports are $30 billion, and imports are $20 billion, what is the value of the country's net exports?

Answer Options

Correct Answer A. $10 billion
B. $15 billion
C. $20 billion
D. $25 billion
Correct Answer
A
Correct Option:
$10 billion

About This Question

This is Post Utme Futo 2025 Economics Question 38. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.

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