Post Utme Oau 2021 Economics Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Oau Economics examination.

Post Utme Oau 2021 Economics Objective / Multiple Choice
Question 3 POST_UTME_OAU • 2021 • ECONOMICS • objective

A country's national income is calculated u\sing the formula: National Income = C + I + G + \( X - M \). If the country's consumption is ₦5 trillion, investment is ₦2 trillion, government sp\ending is ₦3 trillion, exports are ₦4 trillion, and imports are ₦2 trillion, what is the country's national income?

Answer Options

A. ₦12 trillion
B. ₦14 trillion
Correct Answer C. ₦16 trillion
D. ₦18 trillion
Correct Answer
C
Correct Option:
₦16 trillion

About This Question

This is Post Utme Oau 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.

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