Post Utme Rhema University 2021 Economics Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2021 Economics Objective / Multiple Choice
Question 37 POST_UTME_RHEMA_UNIVERSITY • 2021 • 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. ₦180 billion
B. ₦200 billion
C. ₦220 billion
Correct Answer D. ₦240 billion
Correct Answer
D
Correct Option:
₦240 billion

About This Question

This is Post Utme Rhema University 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Rhema University Economics examination.

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