Post Utme Nile University 2017 Economics Question 12
Practice objective / multiple choice question 12 from the 2017 Post Utme Nile University Economics examination.
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 GDP is $100 billion, consumption is $50 billion, investment is $20 billion, government sp\ending is $30 billion, exports are $40 billion, and imports are $20 billion, what is the value of the country's GDP?
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About This Question
This is Post Utme Nile University 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.
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