Post Utme Igbinedion University 2019 Economics Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Igbinedion University Economics examination.
A country's GDP is given by the following equation: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦200 billion, investment (I) is ₦50 billion, government sp\ending (G) is ₦30 billion, exports (X) are ₦100 billion, and imports (M) are ₦80 billion, what is the GDP?
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This is Post Utme Igbinedion University 2019 Economics Question 24. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.
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