Post Utme Noun 2023 Economics Question 5
Practice objective / multiple choice question 5 from the 2023 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 consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦300 billion, what is the country's GDP?
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About This Question
This is Post Utme Noun 2023 Economics Question 5. It is one of the objective questions from the 2023 Post Utme Noun Economics examination.
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