Post Utme Veritas University 2023 Economics Question 40
Practice objective / multiple choice question 40 from the 2023 Post Utme Veritas University Economics examination.
A country's GDP is calculated as follows: GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦500 billion, investment (I) is ₦200 billion, government sp\ending (G) is ₦300 billion, exports (X) are ₦400 billion, and imports (M) are ₦200 billion, what is the country's GDP?
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About This Question
This is Post Utme Veritas University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Veritas University Economics examination.
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