Post Utme Joseph Ayo Babalola University 2023 Economics Question 39
Practice objective / multiple choice question 39 from the 2023 Post Utme Joseph Ayo Babalola University Economics examination.
A country's GDP can be calculated u\sing the formula: 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 ₦1 trillion, consumption is ₦300 billion, investment is ₦200 billion, government sp\ending is ₦150 billion, exports are ₦250 billion, and imports are ₦100 billion, what is the value of the country's net exports?
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About This Question
This is Post Utme Joseph Ayo Babalola University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Economics examination.
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