Post Utme Ims U 2020 Economics Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Ims U Economics examination.
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 exp\enditure, X is exports, and M is imports. If the country's GDP is ₦20 trillion, consumption is ₦5 trillion, investment is ₦2 trillion, government exp\enditure is ₦3 trillion, exports are ₦4 trillion, and imports are ₦2 trillion, what is the value of M?
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About This Question
This is Post Utme Ims U 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Ims U Economics examination.
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