Post Utme Rhema University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G, where Y is the GDP, C is the consumption, I is the investment, and G is the government sp\ending. If the consumption is ₦500 billion, the investment is ₦200 billion, and the government sp\ending is ₦300 billion, what is the GDP?

Answer Options

A. ₦1 trillion
Correct Answer B. ₦1.1 trillion
C. ₦1.2 trillion
D. ₦1.3 trillion
Correct Answer
B
Correct Option:
₦1.1 trillion

About This Question

This is Post Utme Rhema University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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