Post Utme Veritas University 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_VERITAS_UNIVERSITY • 2019 • ECONOMICS • objective

A country's GDP is given by \( 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, find the country's GDP.

Answer Options

Correct Answer A. ₦1.3 trillion
B. ₦1.5 trillion
C. ₦1.7 trillion
D. ₦2.0 trillion
Correct Answer
A
Correct Option:
₦1.3 trillion

About This Question

This is Post Utme Veritas University 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Veritas University Economics examination.

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