Post Utme Rsu 2019 Economics Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 39 POST_UTME_RSU • 2019 • 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 $10 billion, exports are $20 billion, and imports are $15 billion, what is the value of the country's net exports (NX)?

Answer Options

A. $5 billion
B. $10 billion
C. $15 billion
Correct Answer D. $20 billion
Correct Answer
D
Correct Option:
$20 billion

About This Question

This is Post Utme Rsu 2019 Economics Question 39. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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