Post Utme Joseph Ayo Babalola University 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

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 sp\ending, X is exports, and M is imports. If the country's GDP is 100, consumption is 30, investment is 20, government sp\ending is 10, exports are 20, and imports are 10, what is the value of the country's net exports?

Answer Options

A. 10
B. 20
C. 30
Correct Answer D. 40
Correct Answer
D
Correct Option:
40

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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