Post Utme Mountain Top University 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption is 100, investment is 50, government sp\ending is 200, exports are 300, and imports are 100, what is the country's GDP?

Answer Options

A. 550
Correct Answer B. 600
C. 650
D. 700
Correct Answer
B
Correct Option:
600

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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