Post Utme Summit University 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Summit University Economics examination.

Post Utme Summit University 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's current consumption, investment, government sp\ending, exports, and imports are C = 100, I = 50, G = 20, X = 150, and M = 100, what is the country's GDP?

Answer Options

A. 220
B. 230
Correct Answer C. 240
D. 250
Correct Answer
C
Correct Option:
240

About This Question

This is Post Utme Summit University 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.

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