Post Utme Joseph Ayo Babalola University 2025 Economics Question 28
Practice objective / multiple choice question 28 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's current GDP is 100 billion, consumption is 30 billion, investment is 20 billion, government sp\ending is 15 billion, exports are 25 billion, and imports are 10 billion, what is the country's current trade balance?
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This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.
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