Post Utme Noun 2022 Economics Question 10
Practice objective / multiple choice question 10 from the 2022 Post Utme Noun Economics examination.
A country's GDP is given by the following equation: GDP = C + I + G + \( X - M \), where 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 consumption is $500 billion, its investment is $200 billion, its government sp\ending is $300 billion, its exports are $100 billion and its imports are $120 billion, what is the GDP?
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About This Question
This is Post Utme Noun 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Noun Economics examination.
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