Post Utme Veritas University 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_VERITAS_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is given by \( GDP = 100 + 0.5Y \), where ( Y ) is the country's GNP. What is the country's GDP if its GNP is \( Y = 200 \)?

Answer Options

A. \( GDP = 150 \)
Correct Answer B. \( GDP = 175 \)
C. \( GDP = 200 \)
D. \( GDP = 225 \)
Correct Answer
B
Correct Option:
\( GDP = 175 \)

About This Question

This is Post Utme Veritas University 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Veritas University Economics examination.

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