Post Utme Redeemers University 2019 Economics Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2019 Economics Objective / Multiple Choice
Question 9 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ECONOMICS • objective

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

Answer Options

A. ₦150 billion
B. ₦160 billion
C. ₦170 billion
Correct Answer D. ₦180 billion
Correct Answer
D
Correct Option:
₦180 billion

About This Question

This is Post Utme Redeemers University 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Redeemers University Economics examination.

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