Post Utme Madonna University 2017 Economics Question 39
Practice objective / multiple choice question 39 from the 2017 Post Utme Madonna 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, consumption is 30 billion naira, investment is 20 billion naira, government sp\ending is 15 billion naira, exports are 25 billion naira, and imports are 10 billion naira, find the country's trade balance.
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About This Question
This is Post Utme Madonna University 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Madonna University Economics examination.
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