Post Utme Lautech 2020 Economics Question 14
Practice objective / multiple choice question 14 from the 2020 Post Utme Lautech Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is the consumption, I is the investment, G is the government sp\ending, X is the value of exports and M is the value of imports. If the consumption is 100, the investment is 50, the government sp\ending is 20, the value of exports is 100 and the value of imports is 80, what is the GDP?
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About This Question
This is Post Utme Lautech 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Lautech Economics examination.
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