Post Utme Unn 2022 Economics Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2022 • ECONOMICS • objective

A country's GDP can be calculated u\sing the following formula: \( GDP = C + I + G + \( X - M \ \) ). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦200 billion, what is the country's GDP?

Answer Options

Correct Answer A. ₦1,300 billion
B. ₦1,500 billion
C. ₦1,700 billion
D. ₦2,000 billion
Correct Answer
A
Correct Option:
₦1,300 billion

About This Question

This is Post Utme Unn 2022 Economics Question 17. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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