Post Utme Nile University 2017 Economics Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Nile University Economics examination.

Post Utme Nile University 2017 Economics Objective / Multiple Choice
Question 16 POST_UTME_NILE_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP deflator is given by the equation GDPD = \( C + I + G + X - M \) / Y, where GDPD is the GDP deflator, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, M is the imports, and Y is the GDP. 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 deflator?

Answer Options

A. 0.5
Correct Answer B. 1.0
C. 1.5
D. 2.0
Correct Answer
B
Correct Option:
1.0

About This Question

This is Post Utme Nile University 2017 Economics Question 16. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.

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