Post Utme Redeemers University 2017 Economics Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2017 Economics Objective / Multiple Choice
Question 30 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is 100,000,000, and the values of C, I, G, X, and M are 20,000,000, 10,000,000, 15,000,000, 20,000,000, and 10,000,000 respectively, what is the value of net exports?

Answer Options

A. 5,000,000
B. 10,000,000
Correct Answer C. 15,000,000
D. 20,000,000
Correct Answer
C
Correct Option:
15,000,000

About This Question

This is Post Utme Redeemers University 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Redeemers University Economics examination.

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