Post Utme Igbinedion University 2018 Economics Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2018 Economics Objective / Multiple Choice
Question 3 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP can be calculated u\sing the following formula: GDP = C + I + G + \( X - M \). What does the letter 'C' represent in this formula?

Answer Options

Correct Answer A. Consumption
B. Investment
C. Government Exp\enditure
D. Net Exports
Correct Answer
A
Correct Option:
Consumption

About This Question

This is Post Utme Igbinedion University 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.

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