Post Utme Lasu 2018 Economics Question 28
Practice objective / multiple choice question 28 from the 2018 Post Utme Lasu Economics examination.
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 billion, consumption is 60 billion, investment is 10 billion, government sp\ending is 20 billion, exports are 15 billion, and imports are 5 billion, what is the value of the country's net exports?
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About This Question
This is Post Utme Lasu 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.
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