Post Utme Lead City University 2018 Economics Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2018 Economics Objective / Multiple Choice
Question 28 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

The formula for calculating the Gross Domestic Product (GDP) is

Answer Options

A. \[ \text{GDP} = \text{C} + \text{I} + \text{G} + \text{X} \]
Correct Answer B. \[ \text{GDP} = \text{C} + \text{I} + \text{G} + \( \text{X} - \text{M} \) \]
C. \[ \text{GDP} = \text{C} + \text{I} + \text{G} + \text{M} \]
D. \[ \text{GDP} = \text{C} + \text{I} + \text{G} - \text{X} \]
Correct Answer
B
Correct Option:
\[ \text{GDP} = \text{C} + \text{I} + \text{G} + \( \text{X} - \text{M} \) \]

About This Question

This is Post Utme Lead City University 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Lead City University Economics examination.

View More Post Utme Lead City University 2018 Economics Questions More Post Utme Lead City University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support