Post Utme Summit University 2023 Economics Question 38
Practice objective / multiple choice question 38 from the 2023 Post Utme Summit University Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is GDP, 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, consumption is ₦3 trillion, investment is ₦1 trillion, government sp\ending is ₦2 trillion, exports are ₦2 trillion, and imports are ₦1 trillion, what is the value of net exports?
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About This Question
This is Post Utme Summit University 2023 Economics Question 38. It is one of the objective questions from the 2023 Post Utme Summit University Economics examination.
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