Post Utme Lautech 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice

Question 32 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

The formula for calculating the Gross Domestic Product (GDP) is given by: \( GDP = C + I + G + \( X - M \ \) ). What does the term 'X' represent in this formula?

Answer Options

Correct Answer A. Exports

B. Imports

C. Government Sp\ending

D. Investment

Correct Answer

Correct Option:

Exports

About This Question

This is Post Utme Lautech 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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