Post Utme Lasu 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_LASU • 2021 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption is $100 billion, investment is $50 billion, government sp\ending is $75 billion, exports are $200 billion, and imports are $150 billion, what is the country's GDP?

Answer Options

A. $375 billion
B. $425 billion
Correct Answer C. $475 billion
D. $525 billion
Correct Answer
C
Correct Option:
$475 billion

About This Question

This is Post Utme Lasu 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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