Post Utme Rsu 2017 Economics Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Rsu Economics examination.

Post Utme Rsu 2017 Economics Objective / Multiple Choice
Question 7 POST_UTME_RSU • 2017 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's GDP is $100 billion, consumption is $50 billion, investment is $20 billion, government sp\ending is $30 billion, exports are $40 billion, and imports are $20 billion, what is the value of X?

Answer Options

A. 60
B. 70
C. 80
Correct Answer D. 90
Correct Answer
D
Correct Option:
90

About This Question

This is Post Utme Rsu 2017 Economics Question 7. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.

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