Post Utme Igbinedion University 2020 Economics Question 10
Practice objective / multiple choice question 10 from the 2020 Post Utme Igbinedion University Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's current consumption is ₦1,200 billion, investment is ₦300 billion, government sp\ending is ₦500 billion, exports are ₦800 billion, and imports are ₦400 billion, calculate the country's current government sp\ending as a percentage of GDP.
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This is Post Utme Igbinedion University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.
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