Post Utme Uniben 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A country's national income (NI) is given by the equation: \( NI = 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 consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦100 billion, and imports are ₦120 billion, what is the country's national income?

Answer Options

Correct Answer A. ₦1,200 billion
B. ₦1,300 billion
C. ₦1,500 billion
D. ₦1,600 billion
Correct Answer
A
Correct Option:
₦1,200 billion

About This Question

This is Post Utme Uniben 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

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