Post Utme Summit University 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Summit University Economics examination.

Post Utme Summit University 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_SUMMIT_UNIVERSITY • 2021 • 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 ₦100, the investment is ₦50, and the government sp\ending is ₦20, what is the GDP?

Answer Options

A. ₦170
B. ₦180
C. ₦190
Correct Answer D. ₦200
Correct Answer
D
Correct Option:
₦200

About This Question

This is Post Utme Summit University 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Summit University Economics examination.

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