Post Utme Lasu 2022 Economics Question 10
Practice objective / multiple choice question 10 from the 2022 Post Utme Lasu Economics examination.
A country's GDP is given by the following 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 consumption is \( C = 100 \), investment is \( I = 20 \), government sp\ending is \( G = 30 \), exports are \( X = 80 \), and imports are \( M = 60 \), what is the country's GDP?
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About This Question
This is Post Utme Lasu 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Lasu Economics examination.
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