Post Utme Veritas University 2024 Economics Question 3
Practice objective / multiple choice question 3 from the 2024 Post Utme Veritas University Economics examination.
A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's consumption (C) is ₦100 billion, investment (I) is ₦20 billion, government sp\ending (G) is ₦30 billion, exports (X) are ₦40 billion, and imports (M) are ₦10 billion, what is the country's GDP?
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About This Question
This is Post Utme Veritas University 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Veritas University Economics examination.
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