Post Utme Nile University 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Nile University Economics examination.

Post Utme Nile University 2025 Economics Objective / Multiple Choice
Question 32 POST_UTME_NILE_UNIVERSITY • 2025 • ECONOMICS • objective

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 ₦10 trillion, and the consumption is ₦3 trillion, the investment is ₦1 trillion, the government sp\ending is ₦2 trillion, the exports are ₦2 trillion, and the imports are ₦1 trillion, what is the value of the imports?

Answer Options

A. ₦1 trillion
Correct Answer B. ₦2 trillion
C. ₦3 trillion
D. ₦4 trillion
Correct Answer
B
Correct Option:
₦2 trillion

About This Question

This is Post Utme Nile University 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.

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