Post Utme Rsu 2017 Economics Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Rsu Economics examination.

Post Utme Rsu 2017 Economics Objective / Multiple Choice
Question 12 POST_UTME_RSU • 2017 • ECONOMICS • objective

A country's GDP is calculated as the sum of its consumption, investment, government sp\ending, and net exports. What is the correct formula for this calculation?

Answer Options

Correct Answer A. GDP = C + I + G + \( X - M \)
B. GDP = C + I + G + M
C. GDP = C + I + G + X
D. GDP = C + I + G + \( M - X \)
Correct Answer
A
Correct Option:
GDP = C + I + G + \( X - M \)

About This Question

This is Post Utme Rsu 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.

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