Post Utme Mountain Top University 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A country's GDP is given by the following equation: \( GDP = C + I + G + \( X - M \ \) ). If the country's consumption is ₦1000, investment is ₦500, government sp\ending is ₦200, exports are ₦500, and imports are ₦300, what is the country's GDP?

Answer Options

A. ₦2500
B. ₦3000
Correct Answer C. ₦3500
D. ₦4000
Correct Answer
C
Correct Option:
₦3500

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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