Post Utme Redeemers University 2018 Economics Question 38
Practice objective / multiple choice question 38 from the 2018 Post Utme Redeemers University Economics examination.
A country's national income is given by N = C + I + G + \( X - M \), where N 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 consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦600 billion, and imports are ₦400 billion, what is the national income?
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About This Question
This is Post Utme Redeemers University 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Redeemers University Economics examination.
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