Post Utme Pan Atlantic University 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption is ₦100 billion, investment is ₦20 billion, government sp\ending is ₦30 billion, exports are ₦40 billion, and imports are ₦20 billion, what is the country's GDP?

Answer Options

A. ₦180 billion
B. ₦200 billion
C. ₦220 billion
Correct Answer D. ₦240 billion
Correct Answer
D
Correct Option:
₦240 billion

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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