Post Utme Lead City University 2021 Economics Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice
Question 30 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP can be calculated u\sing the following formula: GDP = C + I + G + \( X - M \). What does the letter 'C' represent in this formula?

Answer Options

Correct Answer A. Consumption
B. Investment
C. Government sp\ending
D. Net exports
Correct Answer
A
Correct Option:
Consumption

About This Question

This is Post Utme Lead City University 2021 Economics Question 30. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

View More Post Utme Lead City University 2021 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