Post Utme Madonna University 2019 Economics Question 15
Practice objective / multiple choice question 15 from the 2019 Post Utme Madonna University Economics examination.
A country's GDP is given by the equation: GDP = C + I + G + \( X - M \). If the country's consumption function is C = 100 + 0.8Y, its investment function is I = 50 + 0.2Y, its government sp\ending function is G = 200, its export function is X = 500, and its import function is M = 300, what is the country's GDP?
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About This Question
This is Post Utme Madonna University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Madonna University Economics examination.
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