Post Utme Joseph Ayo Babalola University 2017 Economics Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2017 Economics Objective / Multiple Choice
Question 37 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the consumption is 100, investment is 50, government sp\ending is 75, exports are 150, and imports are 75, what is the country's GDP?

Answer Options

A. 250
B. 300
Correct Answer C. 350
D. 400
Correct Answer
C
Correct Option:
350

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.

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