Post Utme Greenfield University 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_GREENFIELD_UNIVERSITY • 2022 • 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 ₦10 trillion and the consumption is ₦3 trillion, what is the value of the investment (I)?

Answer Options

A. ₦1 trillion
Correct Answer B. ₦2 trillion
C. ₦3 trillion
D. ₦4 trillion
Correct Answer
B
Correct Option:
₦2 trillion

About This Question

This is Post Utme Greenfield University 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Greenfield University Economics examination.

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