Post Utme Igbinedion University 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Igbinedion University Economics examination.
A country's GNP is given by the following equation: GNP = C + I + G + \( X - M \) + \( R - T \). If the country's consumption is $500 billion, investment is $100 billion, government sp\ending is $200 billion, exports are $300 billion, imports are $200 billion, remit\tances are $50 billion, and taxes are $20 billion, what is the country's GNP?
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About This Question
This is Post Utme Igbinedion University 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Igbinedion University Economics examination.
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