Post Utme Lasu 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Lasu Economics examination.

Post Utme Lasu 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_LASU • 2020 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's current consumption is C = 100, investment is I = 50, government sp\ending is G = 20, exports are X = 30, and imports are M = 10, calculate the country's current GDP.

Answer Options

A. 150
Correct Answer B. 200
C. 250
D. 300
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Lasu 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Lasu Economics examination.

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