Post Utme Summit University 2023 Economics Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Summit University Economics examination.

Post Utme Summit University 2023 Economics Objective / Multiple Choice
Question 25 POST_UTME_SUMMIT_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption, investment, government sp\ending, exports, and imports are 100, 20, 30, 40, and 10 respectively, what is the country's GDP?

Answer Options

A. 180
B. 200
Correct Answer C. 220
D. 240
Correct Answer
C
Correct Option:
220

About This Question

This is Post Utme Summit University 2023 Economics Question 25. It is one of the objective questions from the 2023 Post Utme Summit University Economics examination.

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