Post Utme Oau 2024 Economics Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Oau Economics examination.

Post Utme Oau 2024 Economics Objective / Multiple Choice
Question 16 POST_UTME_OAU • 2024 • ECONOMICS • objective

A country's national income is given by the equation Y = C + I + G + \( X - M \), where Y is national income, C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's consumption, investment, government sp\ending, exports, and imports are 100, 20, 30, 50, and 40 respectively, what is its national income?

Answer Options

A. 150
B. 160
Correct Answer C. 170
D. 180
Correct Answer
C
Correct Option:
170

About This Question

This is Post Utme Oau 2024 Economics Question 16. It is one of the objective questions from the 2024 Post Utme Oau Economics examination.

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