Post Utme Nile University 2023 Economics Question 9
Practice objective / multiple choice question 9 from the 2023 Post Utme Nile University Economics examination.
A country's GDP is given by the following equation: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦100 billion, investment (I) is ₦20 billion, government sp\ending (G) is ₦30 billion, exports (X) are ₦50 billion, and imports (M) are ₦40 billion, calculate the GDP.
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This is Post Utme Nile University 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Nile University Economics examination.
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