Post Utme Lautech 2023 Economics Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Lautech Economics examination.

Post Utme Lautech 2023 Economics Objective / Multiple Choice
Question 28 POST_UTME_LAUTECH • 2023 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment, and G is the government sp\ending. If the consumption is 100, investment is 50, and government sp\ending is 200, what is the GDP?

Answer Options

A. 350
B. 400
Correct Answer C. 450
D. 500
Correct Answer
C
Correct Option:
450

About This Question

This is Post Utme Lautech 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Lautech Economics examination.

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