Post Utme Rhema University 2020 Economics Question 33
Practice objective / multiple choice question 33 from the 2020 Post Utme Rhema University Economics examination.
A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption exp\enditure, I is the investment exp\enditure, and G is the government exp\enditure. If the consumption exp\enditure is ₦100 billion, the investment exp\enditure is ₦20 billion, and the government exp\enditure is ₦30 billion, what is the value of the GDP?
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About This Question
This is Post Utme Rhema University 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.
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