Post Utme Unilag 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is the GDP, C is the consumption, I is the investment, G is the government sp\ending, X is the exports, and M is the imports. If the country's GDP is 100 billion naira, consumption is 30 billion naira, investment is 20 billion naira, government sp\ending is 15 billion naira, exports are 25 billion naira, and imports are 10 billion naira, what is the value of the country's net exports?

Answer Options

A. 5 billion naira
Correct Answer B. 10 billion naira
C. 15 billion naira
D. 20 billion naira
Correct Answer
B
Correct Option:
10 billion naira

About This Question

This is Post Utme Unilag 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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