Post Utme Unilag 2023 Economics Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Unilag Economics examination.

Post Utme Unilag 2023 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNILAG • 2023 • ECONOMICS • objective

A country's GDP is given by GDP = 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 GDP is 100, consumption is 30, investment is 20, government sp\ending is 10, exports are 20, and imports are 10, what is the value of the country's net exports?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Unilag 2023 Economics Question 36. It is one of the objective questions from the 2023 Post Utme Unilag Economics examination.

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