Post Utme Madonna University 2020 Economics Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2020 Economics Objective / Multiple Choice
Question 35 POST_UTME_MADONNA_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment, and G is the government sp\ending. If the consumption is ₦100, the investment is ₦50, and the government sp\ending is ₦20, what is the GDP?

Answer Options

A. ₦170
B. ₦180
C. ₦190
Correct Answer D. ₦200
Correct Answer
D
Correct Option:
₦200

About This Question

This is Post Utme Madonna University 2020 Economics Question 35. It is one of the objective questions from the 2020 Post Utme Madonna University Economics examination.

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