Post Utme Joseph Ayo Babalola University 2018 Economics Question 5
Practice objective / multiple choice question 5 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.
A country's national income accounting identity is given by the equation \( Y = C + I + G + \( X - M \ \) ), where ( Y ) is the national income, ( 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 country's national income is $1000, consumption is $300, investment is $200, government sp\ending is $100, exports are $200, and imports are $100, what is the trade balance?
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This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.
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