Post Utme Pan Atlantic University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A country's national income is calculated u\sing the formula Y = C + I + G + \( X - M \). If the country's consumption (C) is ₦50 billion, investment (I) is ₦20 billion, government sp\ending (G) is ₦30 billion, exports (X) are ₦40 billion, and imports (M) are ₦20 billion, what is the country's national income?

Answer Options

A. ₦120 billion
Correct Answer B. ₦140 billion
C. ₦160 billion
D. ₦180 billion
Correct Answer
B
Correct Option:
₦140 billion

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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