Post Utme Redeemers University 2025 Economics Question 14
Practice objective / multiple choice question 14 from the 2025 Post Utme Redeemers University Economics examination.
A country's GDP is given by GDP = C + I + G + \( X - M \), where GDP is gross domestic product, C is consumption, I is investment, G is government exp\enditure, X is exports, and M is imports. If the country's consumption increases by 5%, investment by 10%, government exp\enditure by 8%, exports by 12%, and imports by 15%, what is the percentage change in GDP?
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This is Post Utme Redeemers University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.
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