Post Utme Unn 2017 Economics Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNN • 2017 • ECONOMICS • objective

A country's GDP is given by the equation Y = C + I + G + \( X - M \), where Y is GDP, 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 billion, consumption is 60 billion, investment is 20 billion, government sp\ending is 10 billion, exports are 30 billion and imports are 20 billion, what is the value of X?

Answer Options

A. 40 billion
B. 50 billion
Correct Answer C. 60 billion
D. 70 billion
Correct Answer
C
Correct Option:
60 billion

About This Question

This is Post Utme Unn 2017 Economics Question 27. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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