Post Utme Rhema University 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's GDP increases by 10% due to a 5% increase in consumption, a 10% increase in investment, and a 15% increase in government sp\ending, what is the percentage change in net exports?

Answer Options

Correct Answer A. -5%
B. -10%
C. -15%
D. -20%
Correct Answer
A
Correct Option:
-5%

About This Question

This is Post Utme Rhema University 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Rhema University Economics examination.

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