Post Utme Igbinedion University 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2025 Economics Objective / Multiple Choice
Question 32 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by GDP = 1500 + 3Y + 0.75Y^2, where Y is the country's income. If the country's GNP is given by GNP = 1800 + 4Y + 0.9Y^2, find the country's GDP and GNP when Y = 150.

Answer Options

A. GDP = 2100, GNP = 2700
B. GDP = 2700, GNP = 3300
Correct Answer C. GDP = 3300, GNP = 3900
D. GDP = 3900, GNP = 4500
Correct Answer
C
Correct Option:
GDP = 3300, GNP = 3900

About This Question

This is Post Utme Igbinedion University 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Igbinedion University Economics examination.

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