Post Utme Rsu 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Rsu Economics examination.

Post Utme Rsu 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_RSU • 2025 • 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 ₦10 trillion, and the values of C, I, G, X, and M are ₦4 trillion, ₦1 trillion, ₦2 trillion, ₦2 trillion, and ₦1 trillion respectively, calculate the country's trade balance.

Answer Options

Correct Answer A. ( ₦1 trillion )
B. ( ₦2 trillion )
C. ( ₦3 trillion )
D. ( ₦4 trillion )
Correct Answer
A
Correct Option:
( ₦1 trillion )

About This Question

This is Post Utme Rsu 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Rsu Economics examination.

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