Post Utme Unilorin 2020 Economics Question 4
Practice objective / multiple choice question 4 from the 2020 Post Utme Unilorin Economics examination.
A country's GDP is given by the equation Y = C + I + G + \( X - M \). If the country's consumption function is C = 500 + 0.8Y, the investment function is I = 200 + 0.2Y, the government sp\ending function is G = 1000, the export function is X = 1500 + 0.5Y, and the import function is M = 500 + 0.2Y, what is the country's GDP?
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About This Question
This is Post Utme Unilorin 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.
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