Post Utme Mountain Top University 2017 Economics Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2017 Economics Objective / Multiple Choice
Question 8 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by \( GDP = C + I + G + \( X - M \ \) ). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion and imports are ₦200 billion, find the country's GDP.

Answer Options

A. ₦1.5 trillion
B. ₦1.8 trillion
Correct Answer C. ₦2.0 trillion
D. ₦2.2 trillion
Correct Answer
C
Correct Option:
₦2.0 trillion

About This Question

This is Post Utme Mountain Top University 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Mountain Top University Economics examination.

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