Post Utme Noun 2024 Economics Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Noun Economics examination.

Post Utme Noun 2024 Economics Objective / Multiple Choice
Question 30 POST_UTME_NOUN • 2024 • ECONOMICS • objective

The GDP of a country is given by the formula: GDP = C + I + G + \( X - M \). What is the meaning of the term \( X - M \)?

Answer Options

Correct Answer A. Net exports
B. Gross domestic product
C. Gross national product
D. National income
Correct Answer
A
Correct Option:
Net exports

About This Question

This is Post Utme Noun 2024 Economics Question 30. It is one of the objective questions from the 2024 Post Utme Noun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support