Post Utme Unn 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_UNN • 2017 • ECONOMICS • objective

A country's GDP is given by GDP = C + I + G + \( X - M \). If the country's consumption is ₦1000 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦500 billion, and imports are ₦400 billion, calculate the country's GDP.

Answer Options

A. ₦2300 billion
B. ₦2400 billion
Correct Answer C. ₦2500 billion
D. ₦2600 billion
Correct Answer
C
Correct Option:
₦2500 billion

About This Question

This is Post Utme Unn 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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