Post Utme Uniosun 2019 Economics Question 20
Practice objective / multiple choice question 20 from the 2019 Post Utme Uniosun Economics examination.
A country's GDP is given by the equation: 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 increases by 10% and consumption decreases by 5%, while investment increases by 20% and government sp\ending remains cons\tant, what is the new value of GDP?
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About This Question
This is Post Utme Uniosun 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.
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