Post Utme Mountain Top University 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ECONOMICS • objective

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 consumption is 500, investment is 200, government sp\ending is 300, exports are 400, and imports are 200, what is the country's GDP?

Answer Options

Correct Answer A. 1000
B. 1200
C. 1500
D. 2000
Correct Answer
A
Correct Option:
1000

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

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