Post Utme Igbinedion University 2025 Economics Question 37
Practice objective / multiple choice question 37 from the 2025 Post Utme Igbinedion University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's current level of consumption (C) is ₦100 billion, the current level of investment (I) is ₦50 billion, the current level of government sp\ending (G) is ₦75 billion, the current level of exports (X) is ₦200 billion, and the current level of imports (M) is ₦150 billion, what is the country's current GDP?
Answer Options
About This Question
This is Post Utme Igbinedion University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Igbinedion University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.