Post Utme Ims U 2019 Economics Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption is $500 billion, investment is $200 billion, government sp\ending is $300 billion, exports are $400 billion, and imports are $300 billion, what is the country's GDP?

Answer Options

Correct Answer A. $1500
B. $1500.00
C. $1500.00
D. $1500.00
Correct Answer
A
Correct Option:
$1500

About This Question

This is Post Utme Ims U 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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