Post Utme Joseph Ayo Babalola University 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 34 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment and G is the government sp\ending. If the consumption is ₦100 billion, the investment is ₦50 billion and the government sp\ending is ₦20 billion, find the GDP.

Answer Options

A. ₦170 billion
B. ₦180 billion
Correct Answer C. ₦190 billion
D. ₦200 billion
Correct Answer
C
Correct Option:
₦190 billion

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support