Post Utme Pan Atlantic University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • 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 national income is $120 billion, consumption is $70 billion, investment is $25 billion, government sp\ending is $20 billion, exports are $30 billion, and imports are $15 billion, find the value of X.

Answer Options

A. 35
B. 40
C. 45
Correct Answer D. 50
Correct Answer
D
Correct Option:
50

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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