Post Utme Ims U 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Ims U Economics examination.

Post Utme Ims U 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2025 • 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 ₦200 billion, what is the country's GDP?

Answer Options

A. ₦1500 billion
B. ₦1600 billion
C. ₦1700 billion
Correct Answer D. ₦1800 billion
Correct Answer
D
Correct Option:
₦1800 billion

About This Question

This is Post Utme Ims U 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Ims U Economics examination.

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