Post Utme Mountain Top University 2020 Economics Question 12
Practice objective / multiple choice question 12 from the 2020 Post Utme Mountain Top University Economics examination.
A country's GDP can be calculated u\sing the following formula: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦500 billion, investment (I) is ₦200 billion, government sp\ending (G) is ₦300 billion, exports (X) are ₦400 billion, and imports (M) are ₦200 billion, what is the country's GDP?
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About This Question
This is Post Utme Mountain Top University 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.
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