Post Utme Igbinedion University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption is ₦1000, investment is ₦200, government sp\ending is ₦300, exports are ₦500, and imports are ₦200, what is its GDP?

Answer Options

A. ₦2000
B. ₦2200
Correct Answer C. ₦2400
D. ₦2600
Correct Answer
C
Correct Option:
₦2400

About This Question

This is Post Utme Igbinedion University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.

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