Post Utme Mountain Top University 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 22 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

A. 1000
B. 1200
C. 1500
D. 2000
Correct Answer
N/A

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support