Post Utme Unilorin 2020 Economics Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 35 POST_UTME_UNILORIN • 2020 • 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 current consumption, investment, government sp\ending, exports and imports are 500, 100, 200, 150 and 120 respectively, what is the GDP?

Answer Options

A. 700
Correct Answer B. 800
C. 900
D. 1000
Correct Answer
B
Correct Option:
800

About This Question

This is Post Utme Unilorin 2020 Economics Question 35. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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