Post Utme Pan Atlantic University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • ECONOMICS • objective

A country's GDP is given by the equation: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦100 billion, investment (I) is ₦50 billion, government sp\ending (G) is ₦20 billion, exports (X) are ₦30 billion, and imports (M) are ₦10 billion, what is the country's GDP?

Answer Options

A. ₦200 billion
B. ₦250 billion
Correct Answer C. ₦300 billion
D. ₦350 billion
Correct Answer
C
Correct Option:
₦300 billion

About This Question

This is Post Utme Pan Atlantic University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Economics examination.

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