Post Utme Ims U 2018 Economics Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Ims U Economics examination.

Post Utme Ims U 2018 Economics Objective / Multiple Choice
Question 14 POST_UTME_IMS_U • 2018 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's current GDP is 100 billion naira, and the current values of C, I, G, X, and M are 30, 20, 15, 25, and 10 billion naira, respectively, what is the value of the country's current net exports?

Answer Options

A. 5
B. 10
C. 15
Correct Answer D. 20
Correct Answer
D
Correct Option:
20

About This Question

This is Post Utme Ims U 2018 Economics Question 14. It is one of the objective questions from the 2018 Post Utme Ims U Economics examination.

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