Post Utme Lead City University 2021 Economics Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Lead City University Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports and M is the imports. If the country's GDP is 100 billion naira, and the consumption is 30 billion naira, the investment is 20 billion naira, the government sp\ending is 15 billion naira, the exports are 25 billion naira and the imports are 10 billion naira, what is the value of the country's GDP?
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About This Question
This is Post Utme Lead City University 2021 Economics Question 26. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.
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