Post Utme Noun 2018 Economics Question 3
Practice objective / multiple choice question 3 from the 2018 Post Utme Noun Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is ₦1,500,000,000, and the values of C, I, G, X, and M are ₦500,000,000, ₦200,000,000, ₦300,000,000, ₦400,000,000, and ₦100,000,000 respectively, what is the value of X?
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About This Question
This is Post Utme Noun 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.
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